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Announced

Completed

Sesa-backed Var Group completed the acquisition of Assist Informatica.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software company

Domestic

Acquisition

Majority

Single Bidder

Software

Completed

Italy

Private

Friendly

Synopsis

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Sesa-backed Var Group, an IT services provider, completed the acquisition of Assist Informatica, a company that specializes in the development of proprietary software solutions for the agrifood supply chain. Financial terms were not disclosed. "We welcome the Assist Informatica team, which enriches us with new skills and specializations particularly in the agribusiness sector, strengthening our role as a global partner in managing of the increasingly digital enterprise, integrating security, cloud, analytics and ERP into one environment," Francesca Moriani, Var Group CEO.

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