19 October 2026 - Klecha & Co. , an independent pan-European investment bank specialising in tech, acted as financial, business and debt advisor to Gradiente SGR in its acquisition of FDM Business Services S.r.l. (“FDM”).
The company provides integrated physical and digital document archiving, document management and business process outsourcing services, alongside technology solutions that support companies’ digital transformation.The transaction was completed through Gradiente III, Gradiente’s private equity fund, which acquired a 74.3% stake in FDM. The remaining 25.7% stake will be held by Kauri Holding S.r.l. (formerly Corvallis), alongside FDM’s current CEO, Andrea Artusi, and Enrico Cereda, who will serve as Executive Chairman and lead the company’s strategic development.
The investment will support FDM’s next phase of growth, combining organic expansion with a targeted M&A strategy. Key priorities include broadening its service offering through AI-powered solutions and intelligent business process management, positioning FDM to capture growing demand for technology-enabled process optimisation and digital transformation.