(Tiper Stock Exchange) – Digit’Edthe Italian leader in the education sector, has signed up binding agreements for the acquisition of 24ORE Business Schoolsociety active for over 25 years in management trainingwith a complete range of courses and masters covering all areas of the world of work at the service of the various company functions.
This operation allows Digit’Ed to complete its positioning as an Italian pole of Education for individuals and companies, becoming one of the main players in the sector at European level. Thanks to 24ORE Business School, the Digit’Ed group will be able to cover all training needsfrom secondary school through to corporate top management.
24H Business School has built its success story by proposing high quality contentstrong proximity to the world of work – with more than 1400 partner companies – e flexibility in the provision of educational programs.
The group, also thanks to this latest operation, will be able to count on more than 400 professionals distributed in 10 offices throughout Italycapable of managing more than 1,000 tailor-made training projects for companies every year, a library of over 10,000 digital training titles, over 400 catalog courses and masters and a network of 1,200 managerial and academic teachers.
“We are proud of this operation which continues Digit’Ed’s growth path by strengthening the quality of the training we offer in every area of the economic and social system. 24ORE Business School is strongly complementary to our group”, he explains Gianandrea De BernardisExecutive President of Digit’Ed, adding “both realities are united by the obsession for educational quality and by the belief that technology and innovation will be crucial in the world of education. The operation with 24ORE Business School brings together two market leaders who find themselves in a challenging growth plan based on solid industrial foundations and a common vision of the market”.
“24ORE Business School is a reality in which we have believed a lot since the beginning and in which we have invested in terms of innovation by leveraging a high standing management team”, he comments Fabio Massimo GiuseppettiPartner of Palamon.
“This operation represents a formidable opportunity to accelerate the development of the innovative projects we have already launched and the new ones arriving, with the aim of creating an increasingly close and direct link between talents and the best and most innovative companies in the country”. he declares Manuel MandelliCEO of 24ORE Business School, explaining “the operation was born from the enthusiasm of an industrial plan, created with the management of Digit’Ed, which looks to the future as a leader in the context of one of the most important and strategic sectors in the country which in Italy has a value of more than 7 billion euros”.
As part of the transaction, Digit’Ed made use of the assistance of Latham & Watkins for the corporate and financing legal aspects, Studio Sanzo Vascello for the labor law aspects, Studio Tremonti Romagnoli Piccardi e Associati for the tax aspects, The Boston Consulting Group for business due diligence and Deloitte for financial & tax due diligence.