WeAreProject, the primary IT services platform controlled by EMK Capital, has successfully entered into a definitive agreement to acquire a majority stake in Sistemi Hardware & Software S.p.A. (Sistemi HS) and its subsidiary Stackna S.r.l. This transaction marks the first inorganic expansion of the group following its change in ownership earlier in the year and represents a significant geographic densification in Northern Italy, particularly within the Piedmont region. The strategic rationale for the move centers on the integration of the target’s established professional services network with the group’s high-density managed services platform. Furthermore, the acquisition provides the group with specialized technical depth in Artificial Intelligence and Data Science through the integration of the target's specialized innovation hub. The partnership is designed to unlock substantial commercial synergies by offering a comprehensive suite of cloud, cybersecurity, and AI-driven process automation tools to a combined base of SMEs and professional consultants. This integration reinforces the organization’s standing as a leading champion for digital transformation in the Italian landscape, ensuring technical durability and operational caliber for its global institutional and private stakeholders.

This transaction is part of the TMT (Tech, Media, Telecom) industry, which currently tracks an average EBITDA multiple of 13.0x since the beginning of 2026, 5.1% decrease compared to 2025. 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.