DGS, supported by H.I.G. Europe, acquired the Italian system integrator Tow 80 from Beta 80

Fineurop Soditic acted as exclusive financial advisor to DGS S.p.A., a portfolio company of H.I.G. Europe, in the acquisition of Tow 80 S.r.l. from Beta 80 S.p.A.

Company
Tow 80 S.r.l.
Transaction
Sector
Activity
ServiceNow system integration services
Date
Country
Italy

Tow 80, based in Milan, is the first Italian system integrator exclusively dedicated to ServiceNow platform.

The Company provides consulting, implementation, support and training services on the "Now Platform" to medium and large customers in various sectors, accompanying them towards workflow digitalization as part of a broader digital transformation process. Tow 80 has over 250 certifications and about 100 active projects in Italy.

DGS is one of the primary operators in Italian business Information Technology, specialising in digital transformation of business processes and in cybersecurity services.

The acquisition represents the fourth add-on completed by DGS since it was acquired by H.I.G. Europe in September 2020, after Lumit, Sarce and SMC.

The investment will allow DGS to enter the fast-growing market of ServiceNow, the cloud platform dedicated to the management of all phases of the workflow digitalization and digital transformation.

It will also enable DGS to strengthen the group’s positioning on north Italian-based private customers and to benefit from the ServiceNow significant cross-selling opportunities with DGS customers.