One Equity Partners, a middle-market private equity firm, has purchased both Kirey Group, an Italian information technology systems provider and technology services developer, and Synergyc, a Bulgarian IT services company.

Founded in 2009 through a management buyout and headquartered in Milan, Italy, Kirey Group is an Italian digital transformation consultant that supports its customers with experience in technology services related to data analytics, cybersecurity, cloud computing and software-as-a-service development. Synergyc is headquartered in Sofia, Bulgaria and offers near-shore services combined with experience in financial and accounting processes. The acquisition of Synergyc looks to strengthen Kirey Group’s position as an IT services company and adds IT service workflow automation as well as enterprise resource planning and customer relationship management consulting capabilities to the group.

“We are happy to partner with Kirey Group to support the company in their ambition to become a leading Italian and European digital transformation expert,” comments Joerg Zirener, senior managing director, One Equity Partners. “The simultaneous combination of Kirey Group with Synergyc creates a new player of scale in the market that is primed to benefit from robust growth within European IT services, a rapidly growing market driven by the adoption of various technologies supporting remote working and the continued digitization of business processes.”