One Equity Partners is selling Lutech SpA, a leading Italian IT service provider, after significantly enhancing its market position and financial performance through strategic acquisitions.

Information on the Target

One Equity Partners (OEP) has entered into a definitive agreement to sell Lutech SpA, a preeminent IT system integration and digital services firm based in Cologno Monzese, Milan, Italy. Established in 2001, Lutech has successfully carved a niche for itself in the competitive IT landscape and currently employs over 2,800 professionals. The company provides a broad range of services to both medium and large clients within the private and public sectors across seven countries in Western Europe. Lutech caters to various industries, encompassing energy, utilities, fashion, finance, healthcare, manufacturing, media, public sector, retail, and telecommunications.

Industry Overview in Italy

The Italian IT services market has experienced significant growth over the past decade, driven by the increasing demand for digital transformation and advanced technological solutions. According to industry reports, businesses across Italy are increasingly adopting digital tools and platforms to enhance operational efficiency and improve customer engagement. The growth of e-commerce, remote work, and cloud computing has further propelled the need for comprehensive IT services.

Moreover, Italy boasts a diverse industrial landscape that includes strong sectors such as manufacturing and tourism, both of which are key drivers for IT service demand. Companies are investing heavily i