Lutech
Lutech is a leading European IT system and integration provider, designing and enabling digital transformation and innovative enterprise technologies for clients across a variety of end markets. Solutions provided include software and associated technology services in areas ranging from financial technology to Internet of Things, eHealth and cybersecurity.
Investment Highlights:
- Transformed Lutech from an Italy-focused business to a pan-European IT services leader
- Completed the transformational acquisition of Sinergy and fourteen additional add-on acquisitions under One Equity’s ownership that enabled it to: (i) add competencies in sought after areas such as big data, Salesforce and cloud transformation, (ii) expand into seven new European countries, and (iii) add over 1,500 new customer relationships
- Built an in-house project management integration team focused on integrating the acquired companies and maximizing synergies
- Increased EBITDA by over 180% under One Equity’s ownership
Add-On Acquisitions:
- Sinergy
- CST Tech
- TEN
- Nest2
- Telesio
- ICTeam
- Sinergetica
- CDM
- Tecla.it
- DIEM
- Finance Evolution
- DISC
- Enigen
- Mediana
- BeeToBit
See One Equity's Terms of Use here
“We would like to thank OEP for being an outstanding partner that helped transform Lutech into a market leader with innovative technologies and end-to-end digital solutions that allow us to truly shape our customers’ future.”
Tullio Pirovano, CEO, Lutech