Rome based Triumph Group International (TGI) and Gigasweb (Gigas), a web marketing driven communication agency, have signed a M&A deal that establishes a 51% acquisition of Gigas by TGI.
According to TGI, this union consolidates the role in the field of Events & Live Industry and Digital Marketing, allowing the Group to offer a broader range of services with teams, skill sets and resources that can seize the opportunities that come with this new era.
Triumph Group will be capable of providing innovative and sustainable technological solutions now, the company claims. The broader service portfolio creates an environment in which the Group can provide clients with high-quality services and respond more agilely to the transformation that is taking place.
These synergies, along with the shared values and corporate vision, will lay a solid foundation on which to foster the development of cutting-edge skills and further stimulate innovation in the technologies and procedures.
Triumph Group International, a leading business in the field of event planning, has a 35-year-strong history. The Group has subsidiaries and teams in Italy, the United Kingdom, Bruxelles, China, Singapore and the UAE and operates in the field of institutional events and conferences and, more recently, in the corporate field.
Gigasweb is a web marketing driven communication agency with an 18-year history, based in Rome, and has created stories for prominent brands in Italy and internationally.
“The transaction that we have just concluded was a greatly desired decision and a key step in the process of growth and expansion of Triumph, so as to increase and amplify its value,” states Maria Criscuolo, Chairwoman & Founder di Triumph Group International.