Comp.Sys Joins Altea with Chequers Capital's Backing
Deal News | Aug 06, 2025 | Finance Community IT - 3 Private Equity
Comp.Sys, an Italian consultancy firm founded in 1992 and specializing in public sector services, has been acquired by Altea Group, itself controlled by Europe's Chequers Capital. The acquisition aims to bolster Altea's public sector operations in line with Chequers Capital’s strategic goals. Comp.Sys’s management will remain, facilitating gradual integration to harness operational synergies with Altea. Notable advisors in the transaction included Deloitte Financial Advisory and PedersoliGattai. Tonucci & Partners served as Comp.Sys’s legal advisor. Comp.Sys’s unique presence in Italy's central public administration and its operational expertise offer Altea strategic advantages. Comp.Sys founder and CEO Angela Iaia emphasized the opportunities this acquisition brings for employees and clients while maintaining their public-oriented focus.
Sectors
- Consulting
- Information Technology
- Private Equity
Geography
- Italy – Comp.Sys and Altea are Italian companies, focusing on transforming Italy’s public sector IT.
- Europe – Chequers Capital, a pan-European private equity firm, manages Altea's investments.
Industry
- Consulting – The industry involves professional services like advisory and system integration essential to Comp.Sys's operations.
- Information Technology – Comp.Sys and Altea are active in IT services, particularly in consultancy and digital transformation for the public sector.
- Private Equity – Chequers Capital’s role as an investor in Altea highlights its strategic involvement in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Comp.Sys | Target company | Company | An Italian consultancy firm specializing in public sector services. |
| Altea Group | Bidding company | Company | An Italian group focused on digital transformation, owned by Chequers Capital. |
| Chequers Capital | Private Equity firm | Company | A pan-European private equity firm controlling Altea Group. |
| Deloitte Financial Advisory | Financial advisor | Company | Provided financial advisory to Comp.Sys during the transaction. |
| PedersoliGattai | Advisor | Company | Acted as an advisor to Altea Group during the acquisition. |
| Tonucci & Partners | Legal advisor | Company | Provided legal advisory for Comp.Sys. |
| Angela Iaia | CEO and sole shareholder | Person | The founder and CEO of Comp.Sys. |
| Andrea Ruscica | CEO | Person | The president and CEO of Altea Federation. |