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Announced

Completed

EY completed the acquisition of IPQ Tecnologie.

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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Business and management consulting

Italy

training

IT security services

IT Services: Other

Acquisition

Domestic

Private

Single Bidder

Majority

Completed

Friendly

Synopsis

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EY, a professional and consultancy services company, completed the acquisition of IPQ Tecnologie, an Italian consultancy firm. Financial terms were not disclosed. "This operation allows EY Private to strengthen its presence in the Lombardy region, thanks to a new office in Monza, in the heart of Brianza, and to a team that is consolidated by 40 professionals with a high level of seniority. With IPQ's skills, we will be able to provide increasingly concrete and integrated support to today's companies which, in today's constantly evolving context, are facing a profound transformation in the way they do business, showing greater attention to the issues of ethical and sustainable development," Paolo Zocchi, EY Private Italy Leader.

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