Buyout Desk
PlatformTuesday, October 27, 2026

Gradiente SGR acquires FDM Business Services

The Gradiente III fund takes a majority stake in the Italian document management and process outsourcing group, whose founders reinvest for a minority holding.

The target operates in document management services and process outsourcing.

The transaction is the seventh investment of the private equity fund Gradiente III and is intended to support the FDM group's growth plan. Founders Enrico Del Sole and Antonio Santocono, along with the sellers, are taking a minority stake in the vehicle used by Gradiente SGR to complete the deal.

Chief executive Andrea Artusi and Enrico Cereda, named executive chairman to lead the strategic development plan, are investing alongside Gradiente. ADVANT Nctm advised Gradiente SGR, Gitti & Partners advised the founders and Gatti Pavesi Bianchi Ludovici advised Cereda; Klecha & Co. was buy-side financial, business and debt adviser, and ERM handled environmental and ESG due diligence.

Deal facts

Target
FDM Business Services
Business
Italian provider of document management services and process outsourcing, parent of FDM Process Evolution Albania
Buyer
Gradiente SGR
Seller
Founders Enrico Del Sole and Antonio Santocono
Deal type
Platform
Status
Completed
Announced
Tuesday, October 27, 2026

Sources

Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.