Mexedia S.p.A. Società Benefit has signed a binding agreement to acquire a 51% stake in Stantup Service S.r.l., in a transaction valued at €16.5 million. The Rome-based technology company, listed on Euronext Growth Paris under the ticker ALMEX, said the deal is intended to strengthen its position in digital services, customer management and higher value-added technology solutions. The agreement was approved on 21 May 2026 by the boards of both Mexedia and Rocket Sharing Company S.p.A., the seller and a company listed on Euronext Growth Milan.
Mexedia Moves to Take Control of Stantup Service
Under the terms of the agreement, Mexedia will acquire control of Stantup Service, an Italian company active in IT services, digital solutions and operational outsourcing. The overall consideration includes a €300,000 cash payment for the immediate purchase of 0.93% of Stantup’s share capital. The remaining 50.07% will be transferred through a contribution in kind to Mexedia, valued at €16.2 million, in exchange for newly issued Mexedia shares.
The valuation of Stantup Service was supported by an independent report prepared by a third-party professional. The newly issued shares will be created through a reserved capital increase in favour of Rocket Sharing Company and are expected to be admitted to trading on Euronext Growth Paris. Mexedia said the capital increase and related corporate steps will be carried out in line with Italian law, its by-laws and the rules applicable to its listing venue.
Strategic Rationale and Business Fit
The planned acquisition forms part of Mexedia’s broader strategy to shift further toward higher-margin technology services and integrated digital activities. Stantup Service brings expertise in consulting, technology support, marketing, operational development and outsourced customer management. Its activities include end-to-end outsourced customer management services for Fastweb’s energy business line, positioning the company within an operational segment closely aligned with Mexedia’s customer communication and digital service capabilities.
Mexedia said the deal is designed to expand its operational and commercial platform by integrating complementary service and technology skills. The company currently develops solutions that help businesses manage and optimise communication with customers through automation, omnichannel tools and integrated technologies. By adding Stantup Service, Mexedia aims to reinforce its capacity to deliver broader digital and operational support to enterprise clients.
Transaction Conditions and Guarantees
Completion of the transaction remains subject to several conditions precedent. These include approval by Rocket Sharing Company’s shareholders’ meeting under Article 15 of the Euronext Growth Milan Issuers’ Regulation, as well as the waiver or non-exercise of any pre-emption rights by Stantup Service’s minority shareholders. The transaction also requires confirmation that Stantup Service’s commercial relationships with its most significant clients will continue.
The agreement includes protection and guarantee mechanisms between the parties, including a minimum monetisation guarantee of €12 million in favour of Rocket Sharing Company. Under the arrangement, Rocket Sharing Company will sell the Mexedia shares received as consideration through market disposals managed by an appointed intermediary over an 18-month liquidation period. If the proceeds collected by the end of that period fall below €12 million, Mexedia will be required to pay the shortfall, with a pledge over the 51% stake in Stantup Service granted as security.
Management View and Market Considerations
Paolo Bona, Chief Executive Officer of Mexedia, described the acquisition as a first concrete step in the company’s ongoing evolution toward activities with higher added value and stronger margins. He said the majority stake in Stantup Service could support a new phase for Mexedia by strengthening its operational profile and contributing to growth and value creation. Bona also emphasised the company’s focus on long-term sustainability, financial balance and disciplined selection of strategic opportunities.
Mexedia cautioned investors that the contemplated transaction carries risks, including potential volatility and liquidity fluctuations in its shares. The company also noted that the market sale of shares issued as consideration could negatively affect the price of Mexedia shares. The issuance of new shares will not require approval of a prospectus by either the French Financial Markets Authority or Italy’s CONSOB.
Closing is expected by the end of the first half of 2026 or shortly thereafter, depending on the technical and regulatory steps required. Mexedia said it will update the market on relevant developments, including the fulfilment of conditions precedent and the expected completion timetable. If finalised, the acquisition would mark a significant expansion of Mexedia’s digital services footprint and support its stated ambition to build a more technology-led, higher-value operating model.