Fiven Sells Allos to DGS as Part of Strategic Refocus
Deal News | Aug 06, 2025 | Finance Community IT - 3 Private Equity
Fiven, an Italian company specializing in AI-driven consultancy and solutions for digital transformation, has sold its subsidiary Allos to the Rome-based DGS, which is controlled by Intermediate Capital Group (ICG) since June 2024. This divestment is part of Fiven's strategy to focus its resources and expertise on artificial intelligence as a central growth driver. Legal advisory was provided to Fiven by CRCCD, while Vitale&Co., with the involvement of Francesco Fornarelli and Alfredo Iervolino, acted as financial advisors, with additional support from Carmini Avvocati Associati. New Deal Advisors assisted DGS with financial due diligence. Allos, integrated into Fiven since 2022, concluded 2024 with a revenue of 15 million euros and has over 120 consultants. The sale allows Fiven to reallocate capital into organic growth and technological innovation, reinforcing its solid financial base and bolstering investments in AI. Fiven aims to steer through the digital transformation landscape, enhancing capabilities in emerging technologies, including its premium AI platform, Duolly, for customer experience.
Sectors
- Information Technology
- Artificial Intelligence
- Private Equity
Geography
- Italy – Both Fiven and DGS are Italian companies, and the transaction takes place within the Italian market.
Industry
- Information Technology – The sale involves Allos, a company specializing in IT consultancy and digital transformation.
- Artificial Intelligence – Fiven focuses on AI as its main growth driver, highlighting the industry's relevance to the transaction.
- Private Equity – ICG, a private equity firm, controls DGS, which is a key participant in the acquisition of Allos.
Financials
- 15 million euros – Revenue of Allos as of 2024.
- 6 million euros – Amount Fiven invested in research, development, and acquisition of specialist skills over three years.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fiven | Selling Company | Company | An AI-driven company specializing in consultancy and digital transformation solutions. |
| Allos | Target Company | Company | An IT consultancy firm part of Fiven since 2022, focusing on digital process transformation and cybersecurity. |
| DGS | Bidding Company | Company | A Rome-based IT company specializing in digital transformation, controlled by ICG. |
| Intermediate Capital Group (ICG) | Controlling Company of DGS | Company | A private equity firm controlling DGS since June 2024. |
| Cappelli Riolo Calderaro Crisostomo Del Din & Partners (CRCCD) | Legal Advisor to Fiven | Company | Provided legal counsel for the sale of Allos. |
| Vitale&Co. | Financial Advisor to Fiven | Company | Provided financial advisory services for the transaction. |
| New Deal Advisors | Financial Due Diligence Advisor to DGS | Company | Conducted financial due diligence for DGS. |