In a strategic move aimed at bolstering its presence in Italy and accelerating its European expansion, Stefanini has acquired the renowned Italian IT company, Solve.it. Founded in 2003 in Turin by Giuseppe Arietti, Solve.it specializes in IT consulting, application development, and management services, primarily catering to large clients across various technological sectors.
Over the years, Solve.it has strengthened its capabilities through acquisitions, including Arxis, a company specializing in SAP technology services, and other niche players. With a diverse client portfolio spanning automotive, engineering, financial services, the public sector, and more, Solve.it has emerged as a key player in the Italian IT landscape.
With over 200 employees across Italy, including offices in Turin, Milan, and Bologna, Solve.it’s integration into Stefanini Group, will significantly bolster the latter’s Italian workforce, bringing the total to 300 people. Solve.it’s core expertise lies in information technology infrastructure, end-user support, and application services, with proficiency in platforms such as SAP, ServiceNow, Cornerstone, IBM Maximo, Microsoft, and Oracle.
Another important aspect of Stefanini’s decision is related to the customer portfolio. Solve.it’s portfolio includes over 30 customers in the past years, five major global players in the automotive industry, one of the top banks, and a significant coffee industry, underscoring the importance of global Italian brands in this strategic expansion, as well as two important pharmaceutical companies.
This strategic acquisition, executed by Stefanini Group will see Solve.it seamlessly integrated into Stefanini’s Europe, the Middle East, and Africa (EMEA) operations, headquartered in Brussels. The transition process will be conducted with utmost care to ensure the well-being of both employees and customers. The founders and management team of Solve.it will remain actively involved in facilitating smooth integration, aligning the company’s goals with Stefanini’s vision for the future.
The opportunity to strengthen Stefanini’s portfolio in Italy with more “local power.”
“Our commitment is to continually offer new services, tailored to the needs of our customers. Besides developing these services internally, by investing in research and development, we are always looking at what other similar or complementary companies are creating. Solve.it is our first acquisition in Italy and we are confident that this transaction will significantly enhance our growth efforts in Italy, Europe and EMEA”, said Marco Stefanini, Global CEO and Founder of Stefanini Group.
“This acquisition is a strategic move to enhance and reinforce our offering in Italy, to enhance Stefanini’s position in Europe and accelerate its growth in the market. This move reflects Stefanini’s commitment to staying at the forefront of technology solutions and further establishing itself as a leading player in the region. Solve.it offers similar solutions as Stefanini and is therefore a good addition to strengthen our portfolio, especially in Italy with more «local approach». At the same time, our model is to give autonomy to the founders and the actual management in order to keep the cultural aspects of this successful Italian company. The relationship of Solve.it within the Italian market and CIOs is very important so, yes, we will grow but, we are going to stay Italian”, said Farlei Kothe, CEO of Stefanini EMEA.
Customer loyalty was also a key factor in Stefanini’s decision to close this deal: Solve.it has almost 100% contract renewal with very high customer satisfaction. This is crucial for Stefanini as the company attaches a lot of importance to customer satisfaction as shown by the excellent results with a NPS score of 63 last year.
This is Stefanini’s first acquisition in Italy. The discussion started in April 2023.
“It was an obvious strong match and good agreement that made both parties align easily. Our strong focus on modern technology solutions, blue chip clients from all technological fields, and especially the excellent relationship we have with these clients convinced Stefanini Group management to invest in Italy and in this partnership with Solve.it”, stated Giuseppe Arietti, CEO and Founder of Solve.it.
Solve.it supports IT Service and Operations Management and the digital transformation of its customers through an end-to-end service design approach by providing consulting, application development and management services. Solve.it was founded in Turin in 2003 and has offices in Milan and Bologna. The group is focused on large customers and is present in all technological fields, including the most innovative ones. It operates in the Automotive, Industrial, Food and Rail, Aerospace and Naval sectors.