mynth
11/2025

4IT SOLUTIONS acquired by SESA GROUP

SWITZERLAND IT Services / Infrastructure & Cloud / MSP (Managed Services) REV 5M - 25M CHF

Context

The transaction involves the acquisition of a 60% stake in 4IT Solutions by Var Group (part of the Sesa Group, which is listed on the Milan Stock Exchange), with put and call options established to facilitate the potential acquisition of the remaining share capital in the future. This business combination is a strategic move designed to accelerate the acquirer’s internationalization journey and consolidate its footprint in the Swiss market. The deal creates substantial operational synergies by uniting the target's specialized managed services and local market expertise with the acquirer’s broader service portfolio, financial scale, and R&D resources. The strategic rationale centers on providing an integrated, end-to-end IT service offering to Swiss businesses, particularly in the areas of infrastructure management, networking, and data protection. By leveraging the target's existing relationship with private and public sector clients in the Canton of Ticino, the acquirer strengthens its ability to deliver local, tailored support while maintaining service scalability. This partnership effectively addresses the rising market demand for operational continuity and resilience, allowing the combined entity to support both organizations with internal IT resources and those requiring fully managed external services.

4IT SOLUTIONS, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.3x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

4IT Solutions Sagl is a Switzerland-based system integrator and managed service provider with a strong regional presence in the Canton of Ticino. Established in 2008, the company specializes in bespoke IT projects and comprehensive managed services, catering to both private enterprises and public institutions. The firm’s service portfolio encompasses a wide range of critical IT functions, including infrastructure management, modern workplace solutions, networking, and data protection. A core pillar of its value proposition is a security-first methodology that integrates prevention, detection, and response across the entire IT lifecycle to ensure operational resilience and business continuity. By positioning itself as a trusted partner in digital transformation, 4IT Solutions enables organizations to navigate complex technological environments with high-level operational support.

Ent. Value

LOGIN

Equity Value

LOGIN

Multiples

EV / Revenue

LOGIN

EV / EBITDA

LOGIN

EV / EBIT

LOGIN

Historical Financials (CHF)

Year
Rev
EBITDA
EBIT
2024
LOGIN
LOGIN
LOGIN
2023
LOGIN
LOGIN
LOGIN

Similar deals in TMT (Tech, Media, Telecom)

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
01/2026COMPUTACENTERAGREEYA SOLUTIONSUNITED STATESIT Services

Computacenter acquired 100% of AgreeYa Solutions. This deal is immediately earnings accretive. AgreeYa enhances Computacenter's existing capabilities in the areas of cloud, data, automation and AI; digital engineering (app modernisation, development and testing); modern workplace and IT staffing (expert services). The addition of AgreeYa to Computacenter North America is expected to increase Computacenter's annualised North American Professional Services revenue to over $350m.

12/2025COFORGEENCORAUNITED STATESIT Services

Coforge has successfully entered into a definitive agreement to acquire 100% of Encora, a strategic move designed to establish the combined organization as a premier AI-driven engineering powerhouse. The strategic rationale for the transaction centers on building a scaled technical "moat" underpinned by AI-native DNA and agentic AI platforms. This integration significantly expands the group's near-shore delivery capabilities, particularly within the LATAM region, providing specialized engineering talent to service the North American market. By incorporating the target’s Silicon Valley-born expertise, the organization reinforces its ability to create enterprise data cores and cloud foundations specifically built for artificial intelligence. The partnership focuses on achieving material scale in high-growth industry verticals such as Hi-Tech and Healthcare, while substantially increasing the group's client footprint in the West and Mid-West United States. This acquisition facilitates the repositioning of the firm as a leader in Agent-Native product engineering, providing the strategic depth required to make the promise of enterprise AI real for a global client base.

11/2025EMK CAPITALPROJECT INFORMATICAITALYIT Services

EMK Capital has signed a binding agreement to acquire a majority stake in Project Informatica from HIG Europe, ending the latter's five-year investment cycle. The strategic rationale for the transaction is to support the next phase of the group's evolution within the rapidly consolidating Italian ICT services market. HIG and the existing management team will reinvest alongside EMK to maintain leadership continuity and capitalize on the group’s established reputation as a leading system integrator. The partnership aims to accelerate the group’s expansion into advanced technological services and further strengthen its leadership position through the continued integration of specialized digital capabilities. This transition marks the shift from a successful build-up phase under previous ownership to a large-scale consolidation strategy intended to broaden the range of solutions provided to a growing base of public and private sector clients.

10/2025ICGMAGELLAN PARTNERSFRANCEIT Services

Magellan Partners reorganizes its capital structure by welcoming ICG as a new minority shareholder, replacing Capza. This transaction is pivotal as it secures the financing for Magellan's transformative acquisition of Worldline's Mobility & e-Transactional Services (MeTS) business (valued at EUR410m). The deal values Magellan Partners at approximately EUR900 million. By integrating MeTS, the new group will double in size, creating a European leader in secure digital payments and mobility platforms with EUR900 million in revenue.

10/2025SYNOVAALLGEIER IT SERVICESGERMANYIT Services

Synova has agreed to acquire Allgeier IT Services GmbH from the listed German technology group Allgeier SE. The transaction is structured as a carve-out, separating the managed services unit from the parent group's software engineering core. Strategically, Synova aims to use AITS as a consolidation platform to buy and build in the highly fragmented German IT services market. The plan includes investing in the company's commercial engine and pursuing add-on acquisitions to expand geographically and technological

09/2025HAWK INFINITY SOFTWARENORDIC BIM GROUPFINLANDIT Services

Evolver Equity has finalized the sale of 100% of Nordic BIM Group to the investment firm Hawk Infinity. This exit marks the end of a cycle for the Evolver Fund I, which transformed NBG through a proactive "buy-and-build" strategy. The operation resulted in doubling the Annual Recurring Revenue (ARR) and establishing a presence across the entire Nordic region. For Evolver, this transaction constitutes a major success, generating a Multiple on Invested Capital (MoIC) exceeding 5.0x, significantly surpassing the fund's initial objectives. Hawk Infinity takes over to support the next phase of growth, focusing particularly on the expansion of the LCA (Life Cycle Assessment) software suite as environmental standards tighten.

09/2025LEHIBOUADONYS SECURITYFRANCEIT Services

LeHibou completed its first strategic acquisition by taking over Adonys Security from the Adonys Group. This transaction is a key move to verticalize LeHibou's service offering in the high-margin cybersecurity market, aiming to grow this specific business unit from EUR12M to over EUR30M in revenue. The strategic rationale is based on immediate commercial synergies: LeHibou will cross-sell Adonys' deep technical security expertise to its existing portfolio of blue-chip clients who are facing increasing cyber threats. This acquisition marks LeHibou's evolution from a horizontal talent platform to a specialized IT services provider capable of managing complex, high-stakes technical projects.

07/2025SOFTWAREONECRAYONNORWAYIT Services

SoftwareOne has successfully completed a recommended voluntary public tender offer to acquire 100% of the issued and outstanding shares of Crayon, marking a transformative merger between two of the world’s leading providers of software and cloud solutions. This strategic transaction creates a global heavyweight with operations in over 70 countries, combining the target’s deep expertise in IT optimization with the acquirer’s extensive global distribution network. The strategic rationale for the move centers on achieving a dominant market position in the hyperscaler ecosystem, particularly in reinforcing the partnership with Microsoft to deliver industrialized cloud and AI services at scale.

07/2025CINVENARTEFACTFRANCEIT Services

Cinven has entered into exclusive negotiations to acquire a majority stake in Artefact, marking a strategic entry into the specialized data and AI consulting space. The transaction involves the acquisition of the platform to support its next phase of global development. The acquisition represents a high-conviction bet on the structural tailwinds within the data and AI consulting sector. For Cinven, the deal provides exposure to a scalable, global platform with a defensible, blue-chip client base. The investment thesis is centered on leveraging Cinven’s deep sector expertise in Business Services to accelerate Artefact’s growth trajectory, both through continued organic expansion and a proactive buy-and-build strategy to capture market share in a fragmented global landscape. This deal acts as a bellwether for institutional interest in high-end, pure-play data and AI service providers. It highlights a shift in private equity strategy toward acquiring specialized platforms capable of delivering end-to-end digital transformation, setting a benchmark for future valuation multiples in the consulting and professional services sector.

06/2025ALMAVIVATIVITBRAZILIT Services

Funds advised by Apax Partners have agreed to sell TIVIT, a leading Brazilian IT services and Business Process Outsourcing (BPO) platform, to Almaviva, an Italian digital transformation group, in a full exit transaction signed in June 2025. The deal marks the end of Apax’s 15-year ownership period, during which TIVIT was transformed into one of the largest technology services providers in Latin America. The transaction positions TIVIT within Almaviva’s global digital services ecosystem, creating a larger integrated technology group with expanded scale across Latin America and Europe. The acquisition of TIVIT by Almaviva was facilitated by the financial advice of J.P. Morgan and the legal advice of Mattos Filho and Skadden for Apax, and of Benetti & Giammarino Advogados and L.O. Baptista Advogados for Almaviva.

REFERENCES

Revenue range: 5M - 25M CHF

EBITDA range: 0M - 5M CHF

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of 4IT SOLUTIONS by SESA GROUP are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: 4it solutions

Acquirer: sesa group