End-to-end solutions for Digital Evolution.

Lutech is a leading company in Italy, and among the main European players, in ICT services and solutions, acting as a system integrator to design and implement the digital transformation of public and private sector.

The Company offers a wide range of solutions, from strategic consulting to the supply of both proprietary and third-party products, up to operational management. The main application areas concern: next-generation IT infrastructures, cloud solutions, customer engagement solutions, solutions for credit management and electronic payments, cybersecurity, IoT and Big Data.

11 add-ons in three years

The transaction, generated in June 2014 by an advisor of HAT network, consisted in a capital expansion of €7.6 million subscribed by HAT Fund 3 for a 19% stake to support external growth.
Lutech’s value has grown during HAT’s investment period mainly through the company’s external development (buy and build), with 11 acquisitions in the three-year holding period. The Management Team contributed to Lutech’s value growth through the constant support in the scouting and evaluation of extraordinary operations thanks to the specific know-how of the sector, the improvement of company’s organizational system and through Networking activities for the development of new business.
Lutech growth continued after HAT’s exit in favour of One Equity Partner and even at the following round lead by Apax Partners.

Exit strategy

Trade sale to another Found. The exit was carried out as part of the sale of Lutech to a Fund managed by One Equity Partners.