We have advised BP Holding S.r.l. and BB Holding S.r.l., majority shareholders of FOS, an Italian tech company listed on Euronext Growth Milan and active in the digital transformation sector, on the sale of its shares to Audensiel, a French company backed by Sagard and Capza. The sellers will reinvest together with the acquirer in the newly incorporated company controlled by Audensiel, which will acquire the shares and launch a mandatory tender offer, finalised at the delisting of the company contextually to the closing of the transaction (subject to Golden Power approval and under review by CONSOB).
Founded in 1999 and headquartered in Genova, FOS is a leading Italian company operating in the TTS sector that offers system integration and software development services, application and infrastructure outsourcing, research, development and prototyping of innovative technological solutions, and telecommunications services. With approximately 350 employees distributed across nine locations and six research laboratories, its main sectors of activity are industrial, finance, healthcare and medical, telco and utilities, as well as public administration.
Audensiel is a key player in digital transformation, business and technology consultancy with 2,000 employees in 22 locations, which supports its customers across France, Belgium, Luxembourg, Spain, Mexico, and Canada in the following areas of digital factory, business consulting, data and AI, cybersecurity, as well as cloud and DevOps. Since 2022, and to continue its development internationally, Audensiel has been supported by two prominent private equity funds, Sagard and Capza.