Press release

TESISQUARE ACQUIRES THE ITALIAN SOFTWARE HOUSE PERITUS

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The inorganic growth of the Cuneo-based company continues, as it aims to strengthen its position in the Triveneto

TESISQUARE®, a leading Italian company in the creation of digital solutions for the Supply Chain, continues its growth in the Italian market through the acquisition of Peritus, an Italian software house specialising in management solutions and web/mobile apps.

The operation aims at integrating within the Cuneo-based company an Italian software house with great potential and a strong position in the Triveneto area, which will also help strengthen the Piedmontese group's action in this geographical area, one of the most vibrant territories in the country from an industrial point of view. 

 

Founded in 1997 by a group of analysts, programmers and graphic designers, Peritus creates innovative scalable solutions to guarantee maximum flexibility to its client companies, which include international companies and large groups in the automotive, insurance, financial, healthcare, and food & beverage sectors.

This acquisition further consolidates Tesisquare's position within the Italian market through the integration of vertical competencies in order to increase its competitiveness and the company's inorganic growth. The Piedmontese group's strategy is aimed at consolidating innovative professional skills with a view to achieving constant and continuous growth.

"Tesisquare’s goal, in our acquisitions, is to enrich our offer with innovative solutions already known and appreciated by the market. In Peritus we have identified an ideal partner whose expertise and customer base enable it to support us in our expansion in a strategic area of Northern Italy.” said Tesisquare Founder and CEO Giuseppe Pacotto. “The mutual exchange of know-how will implement the offer by the two companies, who will use a cross-selling strategy to create new business opportunities and expand their customer networks.”

"Thanks to this operation, we are now even closer to the orbit of Tesisquare, a company to which we have been linked for many years. We are absolutely delighted about this opportunity, which allows Peritus and its team to benefit from the know-how and technology of an international partner whose same values and growth prospects we share.” said Marco De Michieli, Chairman of Peritus. “We are a young and dynamic team, convinced that only through the contamination of experiences and synergies can we achieve increasingly ambitious goals.”

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