Izertis, S.A. acquired 3Aside Consultors, SL for €4.3 million.
April 12, 2021
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izertis, S.A. (BME:IZER) acquired 3Aside Consultors, SL for €4.3 million on April 12, 2021. The consideration consists of €3.75 million as fixed amount while €0.6 million shall be payable on the basis of results achieved during the year 2021. The consideration shall be payable through combination of cash and shares. The consideration shares will be subject to lock up period for the period of 36 months from the completion of transaction. 3Aside reported a turnover of more than €4 million and EBITDA of €0.34 million .
izertis, S.A. (BME:IZER) completed the acquisition of 3Aside Consultors, SL on April 14, 2021.
Izertis SA is a Spain-based technology digital transformation company. It operates thorough seven segments: Digital Transformation (DXI), Digital Experience (DEX), Smart Software Labs, Business Solutions, Business Operations, Cybersecurity, Technological Infrastructure and Managed Services and Business Consulting, Project & Service Management. DXI specializes in blockchain, artificial intelligence, data science, Internet of things (IoT), computer vision or mixed reality. DEX specializes in creativity, user experience design, marketing and online sales. Smart Software Labs offers customizable software. Business Solutions offers technical consulting services. Business Operations provides outsourcing services. Cybersecurity, Technological Infrastructure and Managed Services covers related consulting and support services. Business Consulting, Project & Service Management offers related consulting services.