The international IT group TXT acquired a majority stake in the digital transformation solutions provider Ennova

Fineurop Soditic acted as exclusive financial advisor to the shareholders of Ennova S.p.A. in the sale of a 78.56% stake to TXT e-solutions S.p.A.

Ennova S.p.A.
digital transformation solutions

Ennova, born as a startup in the I3P incubator of the Polytechnic of Turin in 2010, is one of the main Italian providers of digital transformation solutions. It is focused on supporting the digitalization of processes and products of large customers and SMEs in key and fast-changing sectors.

Ennova specializes on complete process management, through the development of proprietary platform and solutions for the digitalization of business processes and posted 2021 turnover of Euro 61 million with an adjusted EBITDA of Euro 5.3 million.

The acquisition allows Ennova to accelerate its growth path by exploiting the expertise of TXT, listed on the Milan Stock Exchange and focused on software solutions, consultancy and digital services addressed to multiple industries among which the aerospace, aeronautics, defense, industrial, government and Fintech sectors.