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Lutech signs agreement to acquire ARTIS Consulting Spa
A key piece in ARTIS Group's growth journey deals with digital transformation of financial intermediaries
Lutech announces the signing of an agreement to acquire ARTIS Consulting Spa, a company focused on the digital transformation of financial intermediaries.
The acquisition of ARTIS is a key step for Lutech in its growth path, which in recent years has enabled the Lutech Group to expand its range of Fintech services and solutions. On the other hand, ARTIS has undertaken in recent years a path of transformation and expansion of its organizational and cultural horizon that today allows it to become part of one of the most prestigious realities in the technological and consulting landscape of the finance world. The union between the two entities offers significant advantages in terms of image, commercial energy and resources, without altering ARTIS's structural structure, identity or operational autonomy.
"The agreement with ARTIS confirms our commitment to the Fintech sector," highlighted Tullio Pirovano, CEO of Lutech Group -. ARTIS' approach aligns perfectly with our vision and contextualizes the acquisition as a great opportunity for both entities. ARTIS will have the support of our structure at its disposal and will be able to expand its proposition with the solutions and models present in Lutech Group's end-to-end practices, and our clients will benefit from their expertise and experience in the Funds and SGR world."
"With this transaction," emphasizes Willy Burkhardt, Director of Lutech Group, "we enrich our Fintech product offering, which includes factoring, leasing, consumer credit, NPL, UTP, regulatory & compliance services, among others. We welcome ARTIS as a young and dynamic player targeting the vast and diverse market of supervised intermediaries."
"This is a strategic union that fully realizes our goals of growth and organizational development," said Luca Filippone, CEO of ARTIS Consulting Spa-. ARTIS aims to provide further impetus to the Lutech Group's offerings with end-to-end, powerful, integrated and flexible solutions for Funds and SGRs, the result of a decade of work that we like to call haute couture".
The acquisition of ARTIS Consulting will be finalized subject to the fulfillment of pre Closing fulfillments and obligations, including authorization of the closing of the transaction by the relevant authorities with respect to Golden Power regulations.
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