COMUNICATI

DGS, Acquires the Management Consulting Division of Soft Strategy.

Milan, November 10th, 2022 – DGS S.p.A. (“DGS”), portfolio company of H.I.G. Capital – a leading global private equity investment firm with $52 billion of equity capital under management – and one of the leading operators in the Italian Information Technology market specialized in the digital transformation of business processes and cybersecurity services, announces the acquisition of the IT consulting division of Soft Strategy S.p.a. (“Soft Strategy Consulting”). The transaction was through its subsidiary We.Do Advisory S.r.l. (“We.Do. Advisory”), a company exclusively specialized in strategic and organizational consultancy in the IT segment. The acquisition of Soft Strategy Consulting represents the sixth add-on completed by DGS since it was acquired by H.I.G.

Soft Strategy Consulting, based in Rome, specializes in providing IT consulting services and, more specifically, it supports its customers in defining the IT strategy, planning the governance of IT transformation projects, organizational design, and the optimization of processes. Soft Strategy Consulting is mainly aimed at medium and large companies in various sectors, including transportation, energy & utilities, telco & media, manufacturing, retail, financial and public sector.

Vincenzo Fiengo, Co-CEO of DGS, commented: “The acquisition of Soft Strategy Consulting marks a further step forward in the implementation of our 2021-2025 strategic plan, allowing us to enhance our capabilities in a strategically important segment of the ICT world, to support our customers in the IT Management Consulting area”.

Fabio Storri, CEO of We.Do Advisory, added: “The acquisition of the Management Consulting division of Soft Strategy represents a fundamental step in We.Do Advisory’s growth and positioning strategy in the management and strategy consulting segment of the Italian IT market. The transaction will allow us to strengthen the entire range of services currently offered, particularly in the field of ICT Strategy & Governance, Process Excellence and Change Management”.

Raffaele Legnani, Managing Director of H.I.G. Capital in Italy, concluded: “The acquisition of Soft Strategy’s IT consulting division is in line with the DGS group’s strategy of strengthening its offering in the consulting world, adding key skills and services for its clients. We are very pleased with the growth of DGS, which has now become a reference player in the IT sector in Italy”.

DGS

Based in Rome, DGS has been active for over 25 years in the ICT services market for public and private companies. The Company specializes in providing solutions for digital transformation of business processes (including application system integration and proprietary custom applications), cybersecurity services and IT management consultancy. DGS serves large customers, leaders in their respective industries, ensuring high technical standards, with a staff of over 1,500 employees with 1,500 IT certifications and long-lasting partnerships with the major global IT vendors. For further information, please refer to www.dgsspa.com.