Upliift Secures SEC System Engineering
Deal News | Mar 18, 2025 | Finance Community IT - 1 Corporate M&A
Upliift Limited, assisted by Forvis Mazars, has successfully acquired SEC System Engineering Consulting as a part of its strategy to broaden its portfolio in the software sector. The acquisition is Upliift's fifth in Italy, emphasizing its commitment to expanding its B2B software industry presence. SEC System Engineering Consulting specializes in providing integrated IT solutions with ERP systems and has a strong capability in developing mobile applications for remote professionals. Forvis Mazars supported Upliift in the buy-side advisory role, with a team led by Alessandro Motta, completing a deal that strengthens Upliift's position in innovative European technological solutions.
Sectors
- Software and IT Services
- Corporate Finance and M&A Advisory
Geography
- Italy – Upliift Limited executed its fifth acquisition in Italy, indicating the geographical focus of its expansion strategy.
- Europe – The acquisition supports Upliift's aim to strengthen integration of innovative technological solutions across Europe.
Industry
- Software and IT Services – The article involves companies specializing in software development and IT services, highlighting Upliift's strategy to expand its portfolio by acquiring software houses.
- Corporate Finance and M&A Advisory – Forvis Mazars's role as a buy-side advisor in the acquisition process showcases the relevance of financial services and advisory in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Upliift Limited | Acquiring Company | Company | A company focused on expanding its portfolio through the acquisition and development of innovative software houses. |
| SEC System Engineering Consulting | Target Company | Company | Specializes in the provision of IT systems and solutions integrated with ERP systems, and develops mobile applications for remote professionals. |
| Forvis Mazars | Buy-Side Advisor | Company | Provided advisory services to Upliift Limited during the acquisition process, assisting with financial and fiscal aspects. |
| Nicola Maffei | M&A Manager of Upliift | Person | Managed the acquisition process on behalf of Upliift Limited. |
| Alessandro Motta | Partner at Forvis Mazars | Person | Led the financial advisory team for Forvis Mazars, supporting Upliift in the acquisition. |