Innovative-RFK S.p.A. acquired a 20% stake in Websolute S.p.A., enhancing the digital company's growth and international expansion in the Italian market.

Target Information

Red Fish Kapital S.p.A., through its investment vehicle dedicated to startups and innovative SMEs, Innovative-RFK S.p.A., has acquired a 20% stake in Websolute S.p.A., a digital company based in Pesaro, Italy, engaged in the digitization of Italian enterprises. Websolute leads a group that includes seven other companies operating within the digital sector, such as Moca Interactive, DNA Family Network, XPlace, Ws Commerce, Ws Techlab, Shinteck, and Ws More. Over the past two years, the company has undergone a strategic transformation into a comprehensive digital firm, employing over 150 professionals. In 2017, Websolute reported revenues of €10.6 million, an EBITDA of €1.3 million, and a net financial position of €1.76 million.

Websolute has successfully attracted prominent brands, including Scavolini, Rocchetta, De Cecco, and Galbusera, among its more than 400 high-profile clients. The partnership with Innovative-RFK will facilitate the continuation of the company's growth, international expansion, and broaden the potential business area linked to its activities through a strategic acquisition plan.

Industry Overview in Italy

The digital sector in Italy has experienced robust growth in recent years, driven by increasing demand for digital transformation across various industries. Businesses are investing significantly in technology to enha