Sesa, a company active in the sector of technological innovation and IT and digital services for the business segment, has signed a partnership agreement, through the subsidiary Var Group, for theacquisition of the majority stake in YoctoIT, thus strengthening their skills in the Cloud sector. With the announcement of the latter agreement, they become ten acquisitions since the beginning of the year by Sesa, after 15 pm in 2021.
YoctoIT, based in Monza, has a staff of about 20 employees specialized in value-added solutions and services in the data center and cloud fields which include the assessment and design of monitoring and control solutions for complex IT infrastructures with the integration of technologies based on security and business intelligence, with expected revenues in 2022 of around 4 million euros and an Ebitda Margin of 20%.
The founder and managing partner Roberto Renna will continue to operate in top positions.
“The Sesa Group thus continues to fuel its growth path of human resources and digital skills in areas of strategic development, through bolt-on industrial M&As”, reads the company note.
“We are proud to continue our growth path, becoming part of the Sesa Group organization, which will allow us to develop and share our skills and our offer in a wider and more articulated way, consolidating the positioning of YoctoIT on the market in the On-premises and Cloud infrastructure sector in a historical moment of great transformations for our customers in particular and for the country system in general", declared Roberto Renna, CEO of YoctoIT.
“We continue our path of aggregation of digital skills, carrying out the tenth acquisition and industrial partnership operation since the beginning of 2022. We continue to invest in future long-term growth, in the current scenario in which technological innovation and digital evolution are confirmed as strategic to improve competitiveness and enable the path towards sustainability of companies and organizations”, he declared Alessandro Fabbroni, CEO of Sesa.
