Add-on Acquisition • Software

Lumi Acquires Eligo

On November 26, 2025, Lumi acquired software company Eligo

Acquisition Context

This is Lumi’s 2nd transaction in the Software sector.
This is Lumi’s 1st transaction in Italy.

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M&A Deal Summary
Date	November 26, 2025
Target	Eligo
Sector	Software
Buyer(s)	Lumi
Deal Type	Add-on Acquisition

Target Company

Eligo

Milan, Italy

Eligo is a software company that provides a cloud-based electronic voting (e-voting) and assembly management platform intended for organisations, associations, universities, companies, cooperatives, and similar bodies. It supports online, in-person, or hybrid voting processes, offering tools such as secure ballot casting, identity-protected voting, vote tallying, and optional modules for managing candidacies, assemblies, and recurring ballots. Eligo is based in Milan.

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Buyer Overview 1

Buyer

Lumi

Hampshire, United Kingdom

Category	Company
Founded	1991
Sector	Software

DESCRIPTION

Lumi provides software and real-time audience engagement technology, which facilitates the smooth and reliable running of annual general meetings or equivalent in the case of partnerships or unincorporated associations meetings, as well as serving the meetings and events industry more generally. Lumi Holdings was founded in 1991 and is based in Hampshire, United Kingdom.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Software	2 of 2
Type: Add-on Acquisition	2 of 2
Country: Italy	1 of 1
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-12-19	Assembly Voting Brondby, Denmark Assembly Voting is a technology company specializing in end-to-end verifiable, cloud-based elections and voting solutions via its proprietary platform, Electa. Assembly Voting is based in Brondby, Denmark.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-12-19

Assembly Voting

Brondby, Denmark

Assembly Voting is a technology company specializing in end-to-end verifiable, cloud-based elections and voting solutions via its proprietary platform, Electa. Assembly Voting is based in Brondby, Denmark.

Buy

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