tiprankstipranks
Advertisement
Advertisement

Softlab Buys Synthesis3 Units to Boost IT Consulting and Enter Facility Management

Story Highlights
  • Softlab acquires Synthesis3’s IT consulting and facility management units, adding revenues, expertise and top-tier clients.
  • The deal strengthens Softlab’s high-value ICT consulting position and opens a new growth avenue in facility management via IWMS capabilities and partnerships.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Softlab Buys Synthesis3 Units to Boost IT Consulting and Enter Facility Management

Claim 55% Off TipRanks

Softlab S.p.A. ( (IT:SFT) ) has issued an update.

Softlab S.p.A. has signed a definitive agreement to acquire the IT consulting and facility management business units of Synthesis3 S.r.l. for €1.49 million, adding €1.7 million in 2024 revenues with an EBITDA margin of 22.7% and bringing in a team of specialists and multi-year contracts with top-tier corporate customers. The deal strengthens Softlab’s position in advanced IT consulting while marking its strategic entry into the fast-growing facility management market through skills in IWMS platforms and a partnership with a major international player, creating room for cross-selling, broader sector coverage and more stable, diversified revenues.

By integrating these assets, Softlab aims to enhance its ability to manage high-tech, high-value projects and expand its offering across complementary sectors. The transaction, supported by independent valuations and due diligence, is presented by management as a qualitative leap in its growth strategy, reinforcing the company’s presence in core ICT consulting and opening a new growth avenue in smart, data-driven real estate and workspace management solutions.

More about Softlab S.p.A.

Softlab S.p.A., listed on Euronext Milan, operates in business advisory, ICT consulting and digital solutions, offering high value-added technology services to large corporate clients. The company focuses on software and data engineering, IT project management, business analysis and custom development for complex digital transformation programs.

Average Trading Volume: 3,910

Technical Sentiment Signal: Sell

Current Market Cap: €7.91M

For a thorough assessment of SFT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1