The acquisition of xyzmo/SIGNificant is a further step in Namirial’s growth strategy in the global Digital Transaction Management (DTM) market
Ansfelden, Austria – Senigallia, Italy, December 17th 2015 – Namirial SpA and SIGNificant Signature Solutions Gmbh announce that they have entered an agreement under which Namirial Gmbh, a fully owned subsidiary of Namirial SpA, will acquire all assets of xyzmo Software Gmbh and SIGNificant Signature Solutions Gmbh.
Both Namirial and xyzmo/SIGNificant focus on addressing the fast growing business needs of organisations conducting secure digital transactions. Forrester Research, reported recently a 53% average annual growth in the use of e-signatures since 2012 with the number of transactions settled using e-signatures topping 210 million and likely to reach more than 700 million in 2017. Furthermore, a new Regulation of the European Parliament and of the Council on electronic identification and trust services (eIDAS) standardizes and promotes e-signature adoption across the region.
With the combination of Namirial and the xyzmo / SIGNificant solutions, the Company can now provide an omni-channel DTM solution legally compliant throughout the European Union that allows its clients to conduct business transactions, anywhere, anytime and on any device and help companies transitioning to fully digital processes.
Gerald Cäsar, founder and CEO of SIGNificant will continue as Managing Director of Namirial Gmbh. He remarked: “The e-signature market is consolidating heavily. This market dynamic cannot be ignored and there is a clear need for a strong European based player, which is now addressed by Namirial”.
“This acquisition will widen and strengthen the combined company portfolio. xyzmo/SIGNificant signature solutions are an ideal complement to Namirial e-signature and digital certificate business. We see this transaction as a perfect strategic fit and as an engine for growth.” added Luigi Enrico Tomasini, CEO of Namirial Gmbh.
Claudio Gabellini and Enrico Giacomelli, founders and owners of Namirial added: “We founded Namirial in 2000 with a vision to offer services and products to help clients to better face the new challenging digital world. Since then we have invested in emerging business opportunities that propelled the company to exponential growth. We see this agreement not only as a keystone to exploit the DTM market opportunity but also as a way to get access to the European market through xyzmo/SIGNificant partners and resellers network”.
Altium acted as global advisor to Namirial on this transaction, Ceccarelli & Silvestri Studio Legale Associato in Pesaro and Kunz Schima Wallentin Rechtsanwälte OG in Wien acted as legal advisors and Dott.ri Gaetano Ambrosio e Davide Ceccucci in Jesi and Dott. Marco Macoratti of Contax in Wien acted as fiscal advisors. Corum Group acted as global advisor to xyzmo/SIGNificant on this transaction, Schönherr acted as legal advisor and Eccontis acted as fiscal advisor. Banca MPS has helped finance the acquisition. Terms of the acquisition were not disclosed.
xyzmo/SIGNificant has more than 10 years expertise in the market of digital signatures and handwritten signatures capture with more than 200.000 seats installed all over the globe with millions of signatures processed. www.xyzmo.com
Namirial is a Software and Service Company and a Certification Authority, which provides Trust Services like e-signature, registered e-mail, e-invoicing and digital archiving to more than 500.000 customers. In addition, Namirial has installed more than 20.000 seats of its Graphosign signature capture and also provides software packages specifically designed for the needs of small companies and professional freelancers including payroll, tax return, building and construction. The Namirial Group serves almost 1.000.000 clients. www.namirial.com