DGS acquires Allos and strengthens its presence in the SAP consulting business through the integration of an Italian excellence specialized in the implementation of cloud solutions. The transaction, completed on August 6, 2025, is the fourth of 2025 and fits into the group’s strategy of becoming a benchmark in digital transformation services for businesses.

What does DGS announce?

DGS S.p.A., a reference player in the Italian Information Technology market specializing in digital transformation and cybersecurity, has completed the acquisition of Allos, an innovation company and SAP Gold Partner. The announcement was made from Rome on August 6, 2025, and concerns a leading company in consulting for the digital transformation of ERP and HCM processes.

The company states that the transaction represents another step in its growth and consolidation strategy, with the goal of positioning itself as a reference partner for business digital innovation. It is also the number 4 in the last 7 months, confirming an industrial path that has already begun and is accelerating.

Who is Allos and what data describes it?

Allos is a company founded in 1992, with four offices in Italy and a leading role in SAP Cloud projects. The company operates in Milan, Rome, Naples and Padua, closed 2024 with revenue of 15 million euros and today has more than 120 consultants.

In the press release, Allos is described as one of the main Italian companies by number of projects delivered in the SAP Cloud field. The transaction enhances a specialization recognized internationally and strengthens DGS’s expertise in SAP and HR solutions.

• Founded in 1992
• 4 offices: Milan, Rome, Naples and Padua
• 15 million euros in revenue in 2024
• More than 120 consultants

Why is this acquisition strategic?

The acquisition of Allos expands DGS’s scope of expertise in SAP and HR, strengthening the group’s positioning in the digital transformation market. With more than 360 million euros in revenue and over 2,500 employees in Italy, DGS integrates into the group a center of excellence recognized internationally.

The press release emphasizes that the transaction is aligned with the group’s growth and consolidation strategy, which aims to grow by integrating high-potential businesses. In this context, the inclusion of Allos further broadens the offering for clients and stakeholders.

What did the protagonists say?

The statements in the press release confirm the continuity of DGS’s SAP path and the shared vision with Allos and ICG. Vincenzo Fiengo, co-CEO of DGS, links the transaction to the industrial project launched two years ago with the acquisition of InnovatesApp, while Vincenzo De Giovanni highlights the intention to build a center of excellence in SAP consulting. Giulio Piccinini reiterates the long-term vision shared with DGS’s management.

“Thanks to this new transaction,” says Vincenzo Fiengo, co-CEO of DGS, “our industrial path in the SAP area continues. Launched two years ago with the acquisition of InnovatesApp (an SAP Gold Partner with experience and expertise in Transportation, Retail and CPG), the project is now further enriched through the integration of another highly qualified SAP Gold Partner. This allows us to expand our expertise in HR and HR-Tech services and to offer even more complete and specialized SAP Public Cloud solutions.”

“Joining such an important group as DGS,” adds Vincenzo De Giovanni, CEO of Allos srl, “makes us extremely proud. We share the vision of building a center of excellence in SAP consulting, capable of enabling real transformations in business processes, both in HR and ERP. Our offering is end-to-end, user-centric, scalable and future-oriented: we bring to the group and to our clients a combination of experience, innovation and skills developed in over thirty years of history.”

“This latest acquisition in chronological order,” concludes Giulio Piccinini, managing director of ICG in Italy, “confirms the long-term vision we share with the entrepreneurs and management team of DGS: building a cutting-edge group in services and technological solutions supporting clients, capable of growing by integrating high-potential businesses. We are proud to support a growth path that benefits all stakeholders of the group.”

Who supported DGS in the transaction?

DGS’s advisors were LCA Studio Legale and New Deal Advisors. The former handled legal and tax matters, while the latter dealt with financial and accounting aspects. The press release mentions these two firms as advisors to the acquisition transaction.

Who is DGS?

DGS is based in Rome and has operated for over 25 years in the ICT services market for public and private enterprises. The company specializes in digital solutions for business process transformation, cybersecurity services and management consulting. It supports leading clients in their respective sectors, ensuring high technical standards thanks to a workforce of over 2,000 employees and 2,500 technical certifications.

The company also highlights long-standing partnerships with major global software and application vendors. For more information, the press release refers to the website www.dgsspa.com.

What is ICG?

ICG is a global alternative asset manager with 112 billion dollars in assets under management and more than thirty years of experience. The company operates from more than 20 offices worldwide and invests client capital across a range of strategies, including structured transactions, private equity secondaries, private debt, credit and real assets. The text specifies that the assets-under-management figure refers to March 31, 2025.

ICG adopts a long-term approach to value creation for the benefit of various stakeholders and invests across the capital structure in partnership with management teams, founders and entrepreneurs. For more information, the press release refers to the company website and LinkedIn.

Where can the press release be downloaded?

The press release is also available in PDF format. The text includes the link to download the official document titled “2025-08_DGS_Comunicato-stampa_FINAL.pdf”.

Download the press release: Press release PDF