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New Deal


Announced

Zucchetti to acquire an additional 26% stake in AWMS from AzzurroDigitale.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned25%
Capital Bid For26%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Business Process Outsourcing

workforce management

Pending

Acquisition

Majority

Private

Friendly

Single Bidder

Italy

Domestic

Synopsis

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Zucchetti, an Italian company that produces software, hardware and services, agreed to acquire an additional 26% stake in AWMS, a workforce management platform, from AzzurroDigitale, a digital boutique specializing in the implementation of “human centered” digital transformation projects for manufacturing industries. Financial terms were not disclosed. "The Zucchetti Group has always been committed to offering cutting-edge solutions and satisfying the different needs of its customers in a timely and comprehensive manner. The completion of the acquisition of AWMS is a further step in this direction. Our common goals will allow us to tackle increasingly complex challenges and will result in a wider range of high-quality solutions for workforce management and beyond. In this scenario, the experience and solid know-how of the AWMS team will be valuable resources to achieve extraordinary results and to project us towards a future of success, innovation and excellence," Alessandro Zucchetti, Zucchetti Group President.

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