Mexedia buys 51% of Stantup Service for $18Mn
ROME, ITALY — Mexedia S.p.A. Società Benefit has acquired 51% of Stantup Service S.r.l. from Rocket Sharing Company S.p.A. for a total consideration of €16.5 million (approximately $18 million), gaining operational control of an Italian IT and digital outsourcing provider.
The transaction advances Mexedia’s strategy of strengthening its position in high-value technology services and customer management solutions.
Stantup provides consulting, technological support, and outsourced customer management to startups and enterprises, with Fastweb’s energy business representing 85% of the firm’s 2025 revenues.
Mexedia trades on Euronext Growth Paris under the ticker ALMEX and operates internationally across telecommunications and digital services.
Mexedia structures acquisition as cash and shares
The consideration comprises a €300,000 cash payment for 0.93% of Stantup’s capital and 2,253,129 new Mexedia shares at €7.19 each for the remaining 50.07% stake.
Mexedia has guaranteed Rocket Sharing Company a minimum of €12 million in share-sale proceeds within 18 months, pledging 51% of Stantup as collateral against any shortfall.
Stantup’s enterprise value was determined by an independent third-party valuation conducted under Italian civil code requirements.
In a June 25 regulatory disclosure, Mexedia described the deal as forming part of its development strategy to integrate complementary technological and service expertise and strengthen its operational and commercial capabilities.
Stantup brings Fastweb outsourcing anchor to deal
Stantup’s principal business is end-to-end outsourced service delivery for Fastweb’s energy unit, a contract that generated 85% of its 2025 revenues. Mexedia’s regulatory filing flagged the Fastweb contract renewal for 2026–2028 as uncertain and material, representing the primary concentration risk in the deal. New Mexedia shares issued as payment for the controlling stake are expected to begin trading on Euronext Growth Paris by July 2026.
Mexedia’s June 25 filing stated that integrating Stantup’s capabilities is designed to support the combined group’s commercial and operational expansion into enterprise customer management and digital outsourcing.
The Mexedia-Stantup transaction adds to a growing wave of outsourcing consolidation among European telecommunications and digital services firms seeking to deepen outsourced customer management capabilities.
Italy’s business services sector has attracted increasing investment from listed tech companies using share-based deals to build scale without large cash outlays.
The Fastweb energy contract renewal will serve as a near-term test of the combined entity’s commercial resilience as integration proceeds. Mexedia’s concurrent divestiture of its Telvantis voice services unit earlier this year signals a deliberate pivot toward digital-first outsourcing assets.
