Progetto Elettronica 92

Italy SC Fund II Feb 2002
Service provider for Telecom/IT manufacturers and operators
Facts
Company Name:Progetto Elettronica 92
Location:Italy
Sector:IT Services
Date of investment:Feb 2002
Date of exit:Jun 2005
Deal Type:Development, buy & build
Syntegra Role:Sole investor

business description

  • Leading Italian provider of maintenance and technical assistance services Telecom /IT manufacturers and operators
  • Gruppo Progetto Elettronica 92 is formed by companies with specific skills in the Telephone, Data Networking, Information Technology, Office Automation and Audio Video areas. Progetto Elettronica 92 S.p.A.: Service Integrator division of Gruppo PE 92, with head offices in Mazzo di Rho (Milan) specialised in the supply of services aimed at the Information & Communication Technology sector and technical assistance aimed at the mobile Telephone, ICT and Office Automation sectors

transaction strategy

  • Consolidation opportunity in a fragmented industry.
    • Experienced management team with strong growth history
    • Upward trend of outsourced services in IT and Telcom sectors
    • Strategy to provide full geographical coverage and wide service range