MILAN (ITALPRESS) – TopNetwork, a tech company of the Smart4Engineering Group specializing in IT services and digital technologies, has announced the signing of a strategic agreement for the lease of business unit with Advanced Global Solution A.G.S. S.r.l., an Italian company with 20 years of experience in ITC, IIOT and AI solutions, serving clients in the banking, insurance, telco, automotive, pharma and PA sectors. The highly complementary skills and customer base of AGS will result in significant revenue synergies, in significant part from upselling activities and integration of commercial efforts.In particular, the banking and insurance market in the Northwest geographies presents interesting opportunities for development and creation of synergies. Through this transaction, TopNetwork immediately integrates AGS’s expertise, strengthening its offerings in areas such as Artificial Intelligence, Big Data, IOT and Service Management.This step fits into Smart4Engineering’s strategy, which aims to create within six years a leading European player in digital transformation and high-tech sectors, with a value of between 400 and 600 million euros.”The union with the AGS team brings TopNetwork to over 1,000 professionals, accelerating our growth and strengthening our ability to offer innovative and customized technology solutions to our clients,” said Franco Celletti, CEO of TopNetwork. With the integration of AGS, TopNetwork strengthens its positioning as a partner of reference for Italian companies in digital transformation, focusing on innovation, scalability and performance.TopNetwork is a company part of the Smart4Engineering ecosystem, a pan-European integration platform characterized by 14 subsidiaries in four EU countries. SM4E is led in Italy by managing partner Carlo Torino, and sees Franco Celletti active in the role of CEO of the Italian operations and responsible for the operations of the group’s three subsidiaries in the country.The TopNetwork group is today a widely diversified player in terms of digital expertise, and active in consulting services along the entire digital stack. The company, after the entry of SM4 and the execution of the ambitious growth plan by external lines, can now express absolute excellence in multiple frontier technologies and proprietary assets: machine learning, Gen-AI, cybersecurity and IoT. The pro-forma business volume expected for fiscal year 2025 will reach 80 million euros.
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(ITALPRESS).