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M&A Deal Summary

Innovery Acquires Proxy S.r.l.

On June 24, 2019, Innovery acquired communications company Proxy S.r.l.

Acquisition Highlights
  • This is Innovery’s 1st transaction in the Communications sector.
  • This is Innovery’s 1st transaction in Italy.

M&A Deal Summary
Date 2019-06-24
Target Proxy S.r.l.
Sector Communications
Buyer(s) Innovery
Deal Type Add-on Acquisition

Target

Proxy S.r.l.

Sesto San Giovanni, Italy
Proxy S.r.l. is a system integrator aims to support Service providers, companies and Public Administrations, by simplifying their network management and developing innovative solutions to implement successful company cases. Proxy S.r.l. was founded in 1994 and is based in Sesto San Giovanni, Italy.

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Buyer(S) 1

Buyer

Innovery

Roma, Italy
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Innovery is an international system integrator that offers extremely diversified services to its clients within the ICT space: its activities focus on system integration and new solutions design and implementation where technological complexity is high. Innovery was formed in 2001 and is based in Roma, Italy.

DEAL STATS #
Overall 1 of 3
Sector: Communications M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Italy M&A 1 of 3
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-05 Obiectivo Technology S.r.l.

Rome, Italy

Obiectivo is an advisory company specialized in information & cybersecurity with more than ten years in the industry. Obiectivo value preposition is broad and encompasses risk analysis, compliance, processes analysis, organizational models, etc. Obiectivo was formed in 2001 with offices in Rome and Milan.

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