Empoli (FI), May 14, 2024

Sesa (“SESA” – SES.MI), reference player in technological innovation and digital services for the business segment, has acquired, through Var Group S.p.A., the 100% stake of Real-Time S.r.l. (“Real-Time”), strengthening its skills in the business application consulting on SAP platform, to support the digital transformation of the Made in Italy economic districts.
Real-Time, company based in Bergamo, with expected revenues in the FY 2023 of Eu 1.7 million and an Ebitda margin of about 12.5%, operates with a team of 15 skilled human resources in data management and analysis software solutions, especially on the SAP Business One platform. Real-Time established about 35 years ago, has consolidated expertise in implementing business management systems and developing Business Intelligence projects with an analytical approach aimed at identifying and offering modular and integrated solutions, processes and operations.
The acquisition of Real-Time was carried out by Var One S.r.l., wholly owned subsidiary of Var Group and reference player in Italy for SAP market, contributing to develop an aggregation hub in the SAP sector, with annual revenues for approximately Eu 65 million and over 300 co-workers. The corporate acquisition has been closed on evaluation criteria in line with those usually adopted by the Sesa Group (EV/Ebitda equal to about 5 times); the partnership with Var Group includes the operative involvement and long-term equity commitment of the founders and key people of Real-Time Franco Asperti and Roberto Marini, by targeting digital skills development, human capital enhancement and sustainable value generation, with the planned business combination and integration of the company with Var One, reference player with a strong focus on main Italian manufacturing districts.
Sesa Group continues to boost its development path in human resources and digital skills, driven by bolt-on industrial M&As in strategic sectors for its growth, with a focus on generating long-term sustainable value for its stakeholders.

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“We strengthen our presence on the management software solutions to support the North-West Italian mid-enterprises and corporates, in a crucial phase of digital evolution of companies and we welcome Real-Time team that enriches us with new skills and specializations in the software industry for the benefit of our Small and Medium Enterprise customers”, stated Francesca Moriani, CEO of Var Group and Fabio Falaschi ERP Var Group Managing Partner.

“We are glad to join the Var Group and Sesa Group organisation, to accelerate our skills development, and to contribute with our know-how to extend the offering of application consulting on SAP platform, strengthening our ability to support Italian companies in a crucial phase of digital evolution. Real-Time is a team of skilled human resources who have always worked to provide with the best digital technologies for enterprises and their stakeholders. Joining Var Group represents the beginning of a new chapter in our long history of passion, expertise and commitment”, stated Franco Asperti and Roberto Marini, Founders of Real-Time.

“We extend our path of skills aggregation, strengthening our specializations in the software and application consulting sector for the business segment, whit an enterprises digitalization demand that continues to accelerate. We will continue to boost our long-term and steady growth in revenues, human resources and digital skills, driven by bolt-on industrial M&A in strategic development areas and targeting long-term sustainable value generation for our stakeholders”, stated Alessandro Fabbroni, CEO of Sesa.