Fabrick Sells 100% Stake in Codd&Date to Links Management and Technology
Deal News | Jul 04, 2025 | Finance Community IT - 1 Corporate M&A

Fabrick, an Italian company operating in international open finance, has sold its entire stake in Codd&Date, a management consulting and technological-organizational advisory firm. The buyer, Links Management and Technology, is a recognized name in the technology consulting market. The transaction was assisted by Sella Investment Banking's M&A advisory team, while legal aspects were handled by Chiomenti for Fabrick and LRV Legal for Links. Codd&Date will continue operations from Milan and Lugano, integrating into Links' structure and contributing to various consultancy projects and digital transformation programs. Founded in 1989, Codd&Date is known for its integrated consultancy approach combining strategic vision, functional expertise, and technological capabilities. The acquisition marks a significant growth step for Links, allowing it to expand its consultancy services in the Italian and international markets. Codd&Date has significantly contributed to Fabrick's growth since 2018, and the acquisition aligns with Fabrick's focus on open finance and international expansion, allowing Codd&Date to enter a new growth phase within Links' solid and synergistic group. Both CEOs, Giancarlo Negro of Links and Paolo Zaccardi of Fabrick, have expressed positive outlooks on the synergy and future capabilities of the combined entities.
Sectors
- Open Finance
- Technology Consulting
- Mergers and Acquisitions Advisory
Geography
- Italy – Fabrick, Codd&Date, and Sella Investment Banking are based in Italy, and the transaction significantly impacts the Italian market.
- Switzerland – Codd&Date operates from Lugano, Switzerland, and this location is crucial as part of the company's operational base.
Industry
- Open Finance – Fabrick operates in the open finance sector, focusing on facilitating financial transactions and innovations on an international scale.
- Technology Consulting – Links Management and Technology and Codd&Date specialize in providing technological and management consulting services, emphasizing digital transformation.
- Mergers and Acquisitions Advisory – The transaction was supported by M&A advisory teams from Sella Investment Banking, indicating the involvement of financial advisors in the deal.
Financials
- 100% – Fabrick sold its entire stake (100%) in Codd&Date.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fabrick | Selling Company | Company | An Italian open finance company that sold its share in Codd&Date. |
| Codd&Date | Target Company | Company | A management consulting and technological-organizational advisory firm acquired by Links. |
| Links Management and Technology | Buyer | Company | A leading player in the technology consulting market that acquired Codd&Date. |
| Sella Investment Banking | M&A Advisor | Company | Provided M&A advisory services to Fabrick during the transaction. |
| Chiomenti | Legal Advisor | Company | Provided legal advice to Fabrick for the transaction. |
| LRV Legal | Legal Advisor | Company | Provided legal consulting services to Links during the transaction. |
| Giancarlo Negro | CEO of Buyer | Person | CEO of Links Management and Technology, discussed the synergies and growth potential post-acquisition. |
| Paolo Zaccardi | CEO of Seller | Person | CEO and co-founder of Fabrick, highlighted the alignment of the sale with Fabrick's strategic focus. |