Be GmbH will be taking part in the “12. Finanzplatztag der WM Gruppe” from the 6th-7th March 2019 in Frankfurt, Germany.
In the context of this event we will be giving a lecture “Be prepared for SFTR” that addresses the consequences the newest section of regulations will have on financial players. In a 45min talk Peter Pescheck (Head of Business Solutions at Be GmbH) will describe which measures must be taken by affected market participants in order to successfully meet the new reporting-requirements. Throughout the event our experts will be available to answer any additional questions relating to the topic of SFTR, as well as our service portfolio.
Further information on the event, the topics and the agenda can be found here:
Be Think Solve Execute S.p.A. (Be), listed on the STAR segment of the Italian Stock Exchange, accellerates the creation of a Cyber Security leadership by entering the share capital of Tesla Consulting (the Company) and subsequently completing its take over process.
TESLA Consulting s.r.l. is an Italian company specialized in services and solutions for cyber security and Digital Forensics. The transaction consists of the purchase of a first tranche of the Company’s share capital, equal to 5% and a second tranche, in the amount of 55% of the share capital, by July 2019; the first tranche grants Be the complete operating governance over the Company through the appointment of the majority of the members in the Company’s Board of
TESLA was founded in Bologna in 2013 by Stefano Fratepietro, recognized at international level as a father and founder of the DEFT Linux project, one of the most extensively used computer survey systems. Stefano, who will be in charge of the further development of the company, is also acting as professor for some of the major Italian Universities and Computer Security Technical Consultant for many national and international organizations. Thanks to his leadership, in the last 3 years the Company has grown by 270% and is expected to close 2018 with Eur 1.8 million revenues and 30% EBITDA margin.
The parties also agreed on a “Put & Call” structure for the purchase of the residual share capital in two subsequent tranches by June 30, 2028.
“We have been launching Cyber Security projects for some months – says Stefano Achermann, CEO of Be – in a market where the demand for these services is more and more important. Talent, access to information, technical skills, situation management, relational systems and professional ethic really make the difference in this market. The acquisition of Tesla Consulting, lead by Stefano Fratepietro – one of the most recognized professionals in the sector – will bring us up to 60% of the Company share capital from the month of July this year. The transaction contributes to complete Be portfolio in the areas of specialized Consulting, Cyber Security Operations Center and Digital Forensics”.