One Equity Partners Takes Control of Digital Value, Delisting Imminent

One Equity Partners' acquisition vehicle, OEP Danzig BidCo spa, has successfully garnered significant shareholder support for its takeover of Italian IT solutions provider Digital Value spa. The tender offer concluded with acceptances representing 21.64% of the company's capital, propelling the private equity firm's aggregate ownership to a commanding 93.59%. This substantial stake brings Digital Value to the brink of delisting from the Euronext Milan exchange, marking a pivotal moment for the technology services firm.

The offer, priced at €29 per share, was coordinated by Equita sim and Banca Akros (Gruppo Banco BPM). Beyond the tender offer, OEP Danzig BidCo also strategically acquired an additional 2.21% of Digital Value's shares on the open market during the offer period. Coupled with the company's own holdings of 0.16%, these maneuvers underscore a determined push for majority control.

This latest development follows the initial acquisition by One Equity Partners in March 2026, when it secured a controlling 58.86% stake from DV Holding spa, the former principal shareholder. This foundational transaction, announced in October 2025, was valued at approximately €175 million for the initial block of shares. DV Holding, led by CEO Massimo Rossi, also included Sesa, a prominent player in Italy's tech services sector, among its stakeholders.

The successful tender offer now triggers the legal provisions for a mandatory buy-out of the remaining shares. With over 90% ownership secured, One Equity Partners is now positioned to exercise its right to acquire the outstanding 6.41% of Digital Value's capital. This will pave the way for the formal delisting process, removing the company from public trading and allowing One Equity Partners to fully integrate its operations.

The IT services sector in Italy, a key market for Digital Value, has seen consistent growth, driven by digital transformation initiatives across various industries. Companies like Digital Value are crucial enablers of this shift, providing essential solutions in cloud computing, cybersecurity, and data analytics. The consolidation trend, exemplified by this acquisition, reflects a broader industry movement where private equity firms are actively seeking to invest in and scale technology service providers with strong market positions.

While the delisting signifies a new chapter under private ownership, it's worth noting that Digital Value operates within a dynamic environment. The company's strategic direction under One Equity Partners will likely focus on enhancing its service offerings and expanding its market reach. The IT services market in Europe is projected to continue its upward trajectory, with strong demand for specialized digital solutions expected to persist.