M&A Deal Summary

Gellify S.r.l. Acquires Bit2win S.r.l.

On September 3, 2020, Gellify S.r.l. acquired internet software and services company Bit2win S.r.l. from Accenture

Acquisition Highlights
  • This is Gellify S.r.l.’s 1st transaction in the Internet Software and Services sector.
  • This is Gellify S.r.l.’s 1st transaction in Italy.

M&A Deal Summary

Date 2020-09-03
Target Bit2win S.r.l.
Sector Internet Software and Services
Buyer(s) Gellify S.r.l.
Sellers(s) Accenture
Deal Type Divestiture

Target

Bit2win S.r.l.

Rome, Italy
Bit2win is a software as a service solution for order management and sales maximization built on Salesforce. Bit2win is “Salesforce ISV” (Independent Software Vendor) Gold Partner, has consolidated its position in the field of CRX (Customer Relationship Experience). Bit2win was formed in 2011 and is based in Rome, Italy.

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Buyer(S) 1

Buyer

Gellify S.r.l.

Bologna, Italy

Category Company
Founded 2016
Sector Business Services
DESCRIPTION

Gellify is a global platform that invests in B2B digital software startups and connects them to traditional companies with the purpose of innovating their processes, products, and business models, through Open Innovation. Gellify was formed in 2016 and is based in Bologna, Italy.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Accenture

Dublin, Ireland

Category Company
Founded 1951
Sector Business Services
Employees791,000
Revenue 64.9B USD (2024)
DESCRIPTION

Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions, Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Accenture was founded in 1951 and is based in Dublin, Ireland.


DEAL STATS #
Overall 4 of 9
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 4 of 8
Country: Italy M&A 1 of 2
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 InCountry

San Francisco, California, United States

InCountry, Inc. is a provider of solutions helping companies adopt SaaS products with global data residency and compliance. InCountry, Inc. helps multinational companies scale amidst an era where global data regulations are changing constantly and unpredictably. InCountry, Inc. was founded in 2019 and is based in San Francisco, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 SALT Solutions AG

Würzburg, Germany

SALT Solutions is a technology consultancy that implements and maintains IT systems for production, operations, and logistics at leading German automotive, manufacturing, consumer goods, and chemical companies. SALT Solutions was formed in 2001 and is based in Würzburg, Germany.

Buy -