Apax Partners takes majority stake in Lutech

Apax Funds has entered into an agreement to acquire a majority stake in Lutech from One Equity Partners. Lutech is a leading Italian IT services and technology company focused on enabling digital transformation for both public and private sector clients. Founded in 2001, the group provides an integrated portfolio of services including digital strategy, proprietary software development, system integration and managed services. Lutech supports customers in modernizing their IT infrastructure and deploying advanced digital solutions across complex enterprise environments. The company operates across a broad range of technology domains, including cloud computing, cybersecurity, big data, IoT, financial services solutions, e-health and digital customer engagement. This diversified offering allows Lutech to address complex, large-scale digital transformation requirements. Lutech has pursued a strong acquisition-led growth strategy, completing multiple add-on acquisitions to strengthen capabilities and expand its geographic and sector footprint. The group serves thousands of clients across several European markets through its specialized business units. Following the transaction, Apax aims to accelerate both organic and inorganic growth, further expanding Lutech’s digital services offering and strengthening its technological capabilities across core markets.

The acquisition of Lutech is part of the growth strategy of Apax Partners, which already has several external growth operations under its belt, notably Idealista in 2015.