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April 14, 2023

SEIDOR grows in Italy with the purchase of two technology companies, and boosts its presence in southern Europe

  • SEIDOR becomes the majority shareholder of the technology companies Gunpowder and ECA Consult, and adds 120 specialised professionals in Italy
  • With Gunpowder, a spin-off of L'Aquila University, and ECA Consult, SEIDOR reinforces its areas of Salesforce technology and SAP Business One solutions
  • The technology firm now has three operational centres in Italy, located in L'Aquila (Rome), Mordano (Bologna) and Milan, a city where it has had a division specialising in technology for the education sector since 2019

14 April 2023 -SEIDOR. We continue to grow in southern Europe, and in particular in Italy's IT sector, with the acquisition of Gunpowder and ECA Consult, two Italian companies specialising in technology solutions. With these two acquisitions, SEIDOR incorporates 120 professionals, who join the staff of the Italian division, based in Milan, which the consultancy launched in 2019.

Gunpowder is a technology company specialising in the digital transformation of companies, and is a pioneer in using technology from Salesforce, one of the most comprehensive Customer Experience (CX) cloud-based platforms. It was founded in 2016 as an academic spin-off of the Department of Engineering, Computer Science and Mathematics at the University of L'Aquila, the city from which this new SEIDOR unit will be run. With its integration into SEIDOR, the current team at Gunpowder will be able to expand to international projects outside Italy and will be able to round out its portfolio with innovation, Customer Experience, ERP, cloud, cybersecurity, and other solutions and services.

As for ECA Consult, this Italian company specialises in IT solutions for SMEs and it is an SAP Business One partner, having been in business since 1993. Over these two decades, the company has provided comprehensive management solutions, with a focus on small and medium-sized enterprises. The resulting SEIDOR unit will be managed from Mordano (Bologna), where the newly acquired company is based.

In both cases, due to their knowledge of and roots in the Italian market, SEIDOR's new units will keep their current management teams, with the aim of continuing to operate as engines of innovation and support for companies in the country. This operation will enhance the positions of these companies thanks to the expertise and capacity of a global consultancy like SEIDOR.

In the words of Guido Zacchi, the CEO of GunPowder, "this acquisition is a major opportunity to keep growing with a leading partner in the IT sector, such as SEIDOR, which has an extensive portfolio of comprehensive solutions and great international expertise".

Enzo Fresolone, the CEO and chairman of ECA Consult, stated that "this operation is a great opportunity to continue creating new solutions for SMEs, with a focus on SAP Business One, that will guide our customers in their business development, which, together with the global strategy and strength of SEIDOR, will be key to ensuring our combined growth".

Josep Benito, the CEO of SEIDOR, pointed out that "the additions of Gunpowder and ECA Consult in Italy, together with the direct presence we already have in the country, underscore our strong growth in Italy based on a comprehensive portfolio of services". Benito added that "thanks to the extensive experience of SEIDOR and the recently acquired companies, we will be able to provide better support to our customers in this region with highly innovative complementary solutions".

Growth and diversification

SEIDOR has been present directly in Italy since 2019. It is worth noting that the Italian division of the consultancy firm currently specialises in implementing e-learning solutions and has an installed base of 50 customers, with a focus on higher education (universities and business schools), such as the Catholic University of the Sacred Heart in Milan, the Vita-Salute San Raffaele University, the University of Venice Ca'Foscari and the University of Verona.

By purchasing Gunpowder and ECA, SEIDOR is speeding up the process of diversifying its portfolio in Italy to offer comprehensive services that respond to the needs of large companies and SMEs.

These acquisitions also provide an opportunity for SEIDOR to continue branching out geographically within the technology sector, where it already has a significant presence in Europe in countries like Spain, France, Portugal, Ireland, the United Kingdom and Belgium, which allows it to offer its broad portfolio of innovation solutions and services to new customers and organisations in order to help them overcome their business challenges and achieve their goals.

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