Deals

TeamSystem acquires Greenext Technologies

Technological hub in the waste management sector in Italy

Background

GREENEXT was founded in September 2021 with the aim of creating a technological hub in the waste management sector in Italy. A new company with over thirty years of experience, thanks to the significant know-how acquired from Datamove and Anthea, companies acquired by the Viasat Group in 2016 and 2018.

In April 2022, it became a shareholder in INNOVA Srl to provide a strong push to the market on issues such as measurement, waste separation, pay-per-use tariffs, citizen engagement, and compliance with ARERA regulations.

Deal Summary

TeamSystem, an Italian tech company that develops digital solutions for business management for enterprises and professionals, has acquired 95.51% of the share capital of Greenext Technologies.

This transaction enables TeamSystem to enter the rapidly growing waste management solutions segment. Through Greenext, the company positions itself as the ideal partner for utilities and SMEs seeking to manage environmental services efficiently and sustainably through digital technologies.

Learn more

Simone Giarratana

Nash Advisory

T: +39 3711695848

Giorgio Barbero

Nash Advisory

T: +39 3498666518

Andrea Cavallero

Nash Advisory

T: +39 3345377390