M&A Deal Summary

Diagram Acquires Abaco Group

On October 18, 2023, Diagram acquired software company Abaco Group from DeA Capital

Acquisition Highlights
  • This is Diagram’s 1st transaction in the Software sector.
  • This is Diagram’s 1st transaction in Italy.

M&A Deal Summary

Date 2023-10-18
Target Abaco Group
Sector Software
Buyer(s) Diagram
Sellers(s) DeA Capital
Deal Type Add-on Acquisition

Target

Abaco Group

Mantova, Italy
Abaco Group is a global software company to engage with a market through an individual and flexible offering. Abaco Cloud-based solutions, knowledge sharing platforms, geospatial intelligence, and mobile apps support the view that a more capillary penetration of such solutions into daily activity is a sign of things to come. Abaco Group was founded in 1990 and is based in Mantova, Italy.

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Buyer(S) 1

Buyer

Diagram

Jolanda di Savoia, Italy

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

Diagram is an agri tech company that offers precision farming services, technological solutions, and professional software applications for the agricultural sector including farmers, food processing companies, banks, insurance companies, and public sector entities. Diagram was founded in 2017 and is based in Jolanda di Savoia, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

SELLER

DeA Capital

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 2006
PE ASSETS 6.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

DeA Capital Alternative Funds SGR is an Italian alternative investment group focused on fund-of-funds and direct co-investment opportunities. The Firm considers opportunities throughout North America and Europe. DeA Capital Alternative Funds was established in 2006 and is headquartered in Milan.


DEAL STATS #
Overall 9 of 10
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Italy M&A 8 of 9
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-29 Tecnoplast

Pesaro, Italy

Tecnoplast designs and manufactures windows, doors and related frames/fixtures for residential and commercial buildings. The Company produces PVC and aluminum windows and doors including standard windows, sliding doors, French doors, front doors, shutters/blinds, and roller shutter systems for a variety of housing needs. Tecnoplast was founded in 2003 and is based in Pesaro, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-22 Avantea

Cremona, Italy

Avantea is a laboratory specializing in advanced animal-reproduction technologies and biotechnological research. The Company offers assisted-reproduction services (such as embryo production via techniques like OPU-ICSI), cloning, genetic-rescue, and research services for livestock and horses and supports biomedical and veterinary research applications. Avantea was founded in 2008 and is based in Cremona, Italy.

Buy -