Bertolotti — M&A Activity 2021

Jan 15, 2021

Informazione Regolamentata n. 0469-9-2021		Data/Ora Ricezione 15 Gennaio 2021 07:09:35	MTA - Star
Societa'	:	BE
Identificativo Informazione Regolamentata	:	141398
Nome utilizzatore	:	SERVICEN03 - Cornini
Tipologia	:	REGEM
Data/Ora Ricezione	:	15 Gennaio 2021 07:09:35
Data/Ora Inizio Diffusione presunta	:	15 Gennaio 2021 07:09:37
Oggetto	:	REGEM_Be_PR15012021_further information on Firstwaters acquisition
Testo del comunicato

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Shaping the future

INVESTORS INFORMATION

INVESTORS INFORMATION

15th January 2021 // Milan

Be: further information on Firstwaters acquisition

With reference to January 14 2020 press release on Firstwaters acquisition, we further inform that:

• 1. the acquisition will be on a cash basis, partly funded by a credit line from a primary banking institution;
• 1. the consideration of €10.2M for about 86% of Target refers to its Enterprise Value, to which the recognition of free cash shall be added, equal to positive NFP (€3.5M expected at Closing), net of period tax and other commitments.

This press release is available on the Company's website www.be-tse.it and on the centralized storage mechanism "eMarket STORAGE" at

About Be

Be Group is listed in the STAR segment of Borsa Italiana and is one of the leading Italian players in the Consulting sector. The company provides Business Consulting and Information Technology services. A combination of specialist skills, advanced proprietary technologies and a wealth of experience enable the Group to work with leading international financial and insurance institutions to create value and boost business growth. With more than 1,300 employees and branches in Italy, United Kingdom, Germany, Austria, Switzerland, Spain, Romania, Poland and Ukraine, in 2019 the Group recorded revenues in the amount of Euro 152.3 million.

Be S.p.A.

Investor Relations | Claudio Cornini | +39 06 54 24 86 24 | IR.be@be-tse.it