Bernoni Grant Thornton assisted axélero with the acquisition of atex.
axélero S.p.A., Internet Company listed on the AIM Italia (Ticker: AXEL), announces the signing of a binding agreement for the acquisition of atex.
The acquisition is strategic for axélero as it represents a major step towards growth and international expansion of the Group, with entry into new geographic areas and new business segments. The acquisition further strengthens axélero’s technological know-how.
The atex Group manages a portfolio of approximately 200 prestigious publishing groups in Europe (Italy, UK, Germany, Spain, Czech Republic and Scandinavia), Canada and the USA, the Middle East and Asia Pacific. The Group can count on strong technological skills, a cutting-edge platform and an R&D team with robust competencies. Together with axélero’s digital know-how, developments in Artificial Intelligence and commercial skills, the combined entity is poised to become a benchmark in Data, Content & Advertising Management.
For this transaction, axélero was supported by Bernoni Grant Thornton for the due diligence, both in Italy and abroad.
Read the full press release for more details on the transaction.