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Mergers

TXT e-Solutions to acquire 88% of FMA Investment Holding

· IT services / data centres

Location
Mailand · 🇮🇹 Italy
Sector
IT / Software
Organisations
TXT e-Solutions S.p.A. ↔ FMA Investment Holding (PipeGrep, B2B, Flag)
Transaction
Acquisition of 88%, call option over the remaining 12%
Volume
About €6.5m (enterprise value, pro rata)
Status
announced

On 16 September 2026 the Milan-based IT group TXT e-Solutions agreed to acquire 88% of FMA Investment Holding, which owns 100% of PipeGrep, B2B and Flag — a group specialising in the management of IT infrastructure and data centres. The remaining 12% is covered by a call option exercisable when the 2028 financial statements are approved; the enterprise value is about €6.5m, with the consideration settled 75% in cash and 25% in TXT shares. The FMA group reported 2025 revenue of €6.7m and adjusted EBITDA of around €1.5m. It is TXT's sixth acquisition of the year (Teleborsa, 16 Sep 2026).

Source: teleborsa.it ↗ · Archived copy ↗

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