Filippo Salvetti
Ethica Group
Altea Federation
Deal Type
Acquisition
Sector
Technology
Completion Date
4th August 2023
Deal Value
Not disclosed
Company Background
IT services leader
Deal Summary
Ethica Group, with the M&A and Debt Advisory teams acted, as financial advisor, in coordinating the strategic partnership between Checkers Capital and Altea Federation, one of the most innovative groups in the ICT market in Italy.
This strategic partnership launches an industrial development and growth plan, nemed Next Level, imagined and strongly desired by the President Andrea Ruscica and the entire Board of Directors. With Next Level, Altea Federation is a candidate to become the leader in Italy for management of digital transformation and acceleration processes of medium and large Italian companies and the national market leader of innovative business organization models.
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