Teamsystem Strengthens Portfolio with Strategic Acquisition
Deal News | Jun 25, 2025 | Finance Community IT - 3 Private Equity
Teamsystem, an Italian company specializing in digital business management solutions, has expanded its offerings in the property management sector by acquiring a branch of Multidialogo from Netbuilder, as well as full ownership of Brainware and Millesimo. These acquisitions aim to strengthen Teamsystem's position in condominium management, building on its existing platform Danea Domustudio. The operation also involves financial and legal advisory support from Pavia e Ansaldo and EY for Teamsystem, and Studio Previti along with advisor Filippo Berti for Netbuilder. The acquired entities will integrate with Teamsystem's suite, offering complementary products for electronic invoicing and fiscal document management. With a combined annual revenue of approximately €6 million, the deal includes collaboration agreements and plans for joint software development, ultimately enhancing Teamsystem's digital transformation strategy.
Sectors
- Software Development
- Private Equity
- Real Estate Management
Geography
- Italy – The article discusses acquisitions and business operations involving Italian companies in the software and property management sectors.
Industry
- Software Development – The article revolves around the acquisition of companies involved in software solutions for business management and property management.
- Private Equity – Teamsystem is owned by private equity firms Hellmann & Friedmann, with participation from others such as HG Capital, indicating a significant private equity involvement.
- Real Estate Management – The acquired companies provide software solutions specifically for real estate and property management, making this industry relevant.
Financials
- €6 million – The combined annual revenue of activities included in the acquisition perimeter.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Teamsystem | Acquirer | Company | An Italian technology company specializing in digital business solutions, controlled by Hellmann & Friedmann. |
| Hellmann & Friedmann | Owner | Company | A private equity firm that controls Teamsystem. |
| Netbuilder | Vendor | Company | The company selling a branch of its business to Teamsystem. |
| Brainware | Acquired | Company | A company acquired by Teamsystem, focusing on software for property management. |
| Millesimo | Acquired | Company | A company acquired by Teamsystem, specializing in software solutions for condominium administration. |
| Multidialogo | Vendor | Company | The branch of business acquired from Netbuilder includes solutions for electronic invoicing and fiscal management. |
| Pavia e Ansaldo | Legal Advisor | Company | Provided legal advisory services for Teamsystem in this transaction. |
| EY | Financial and Tax Advisor | Company | Advised Teamsystem on financial and tax aspects of the acquisition. |
| Studio Previti | Legal Advisor | Company | Provided legal advisory services for Netbuilder. |
| Filippo Berti | Financial and Tax Advisor | Person | Advised Netbuilder on financial and tax aspects of the transaction. |
| Federico Leproux | CEO | Person | CEO of Teamsystem. |
| Antonello Curreli | CEO | Person | CEO of Multidialogo. |