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Completed

Sesa-backed Var Group completed the acquisition of a majority stake in Next Step Solution.

Financials

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Transaction Value-
Consideration TypeCash
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Friendly

Completed

Domestic

Acquisition

Majority

Private

software solutions

Software

Single Bidder

Italy

Synopsis

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Sesa-backed Var Group, an added-value IT services provider, completed the acquisition of a majority stake in Next Step Solution, a software solution provider. Financial terms were not disclosed. “Through this operation, Var Group evolves its skills as a partner for the digitalization of local public companies, strengthening the software solutions available thanks to the recent Group entry of Palitalsoft. Innovation and digitalization of processes must be dimensions present within the dynamics of public organizations, just as happens for private companies," Francesca Moriani, Var Group CEO.

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