Siav completes acquisition of IT Consult

Reuters2026/07/30 15:33

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SIAV completed the acquisition of 100% of Italian software house IT Consult, following satisfaction of all closing conditions.
Deal consideration includes about EUR 3.4 million cash, payable in three equal tranches; the first was paid at closing.
The remaining consideration was settled via a reserved capital increase of EUR 1.35 million through 480,984 new ordinary shares at EUR 2.81 each.
An earn-out could add up to EUR 1 million, tied to IT Consult’s adjusted EBITDA in 2026 and 2027.
IT Consult’s board will be led by Nicola Voltan as chairman, with Giovanni Marrè as CEO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SIAV S.p.A. published the original content used to generate this news brief via SDIR, the Italian regulatory disclosure system (Ref. ID: 20265_170421_2026_oneinfo.pdf), on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Siav completes acquisition of IT Consult

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