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M&A Deal Summary

Sirti Acquires Wellcomm Engineering

On June 14, 2019, Sirti acquired information technology company Wellcomm Engineering

Acquisition Highlights
  • This is Sirti’s 1st transaction in the Information Technology sector.
  • This is Sirti’s 1st transaction in Italy.

M&A Deal Summary
Date 2019-06-14
Target Wellcomm Engineering
Sector Information Technology
Buyer(s) Sirti
Deal Type Add-on Acquisition

Target

Wellcomm Engineering

Milan, Italy
Wellcomm Engineering SpA is a system integrator in the IT field. Wellcomm Engineering was founded in 1994 and is based in Milan, Italy.

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Buyer(S) 1

Buyer

Sirti

Milan, Italy
Category Company
Founded 1921
Sector Communications
Employees4,000
DESCRIPTION

Sirti S.p.A. is a provider of provision, implementation and servicing of telecommunications networks and systems offering its services to fixed line, mobile, railway and broadcasting operators. The Company?s client base includes some of the most important Italian companies, such as Telecom Italia, TIM, Ferrovie dello Stato and RAI.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2019 M&A 1 of 1
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