Based in Turin, SMC has been operating for over 40 years distinguishing itself for its skills, mainly in the industrial sector. The Company is Platinum Partner of Liferay, the most advanced Open Source platform for the creation of business portals for large organizations.
SMC boasts a strong positioning in northern and central Italy and a rich customer portfolio that ranges from industry to public administration, from banks to insurance companies. SMC is the founder of RIOS (ReteItaliana Open Source), a reference point for Open Source platforms with the support and guarantee of enterprise-level solutions.
The acquisition of SMC represents the third add-on completed by DGS after the entrance of H.I.G. into the share capital, which took place in September 2020. DGS has previously invested in: LumIT, a specialist in cybersecurity and Sarce, a leader in digital transformation.
The investment will allow DGS to expand into the fast growing market of Open Source platforms for creating digital experiences.
The deal was financed by Banca Intesa, BancoBPM, Deutsche Bank, Credit Agricole Italia and Muzinich & Co.