Mexedia Acquires A Majority Stake In Stantup Service

By Amit Chowdhry • Today at 10:41 AM

Mexedia announced that it has completed the acquisition of a 51% stake in Stantup Service from Rocket Sharing Company for a total consideration of €16.5 million.

The transaction gives Mexedia control of Stantup Service and follows the company’s earlier announcement on May 21, 2026. Mexedia said the conditions precedent for the deal have now been satisfied.

Stantup Service is an Italian company active in IT services, digital solutions, and operational outsourcing. The company provides consulting, technology support, and customer management services to startups and businesses across strategy, technology, marketing, and operational development.

Among its main current activities, Stantup Service provides outsourced end-to-end customer management services for Fastweb’s energy business line.

Mexedia said the acquisition supports its development strategy of strengthening its position in high value-added technology services, customer management solutions, and integrated digital activities. The company expects the transaction to contribute to the development of its operational and commercial capabilities by integrating complementary technology and service expertise.

The consideration for the transaction includes a €300,000 cash payment for 0.93% of Stantup Service’s share capital, which was paid on May 21, 2026. The remaining 50.07% stake was acquired through the issuance of 2,253,129 new ordinary Mexedia shares at an issuance price of €7.19 per share, for an aggregate issuance value of €16.2 million.

The newly issued Mexedia shares were reserved for Rocket Sharing Company, with the exclusion of pre-emption rights of existing shareholders. The new shares are expected to be admitted to trading on Euronext Growth Paris by the end of July 2026.

Under the transaction terms, Rocket Sharing Company is expected to dispose of the new Mexedia shares through market sales managed by Banca Generali. The parties agreed to limit those sales to 10% of the daily trading volume of Mexedia shares on Euronext Growth Paris.

If Rocket Sharing Company has not collected at least €12 million in proceeds by the end of the 18-month liquidation period, Mexedia will be required to pay the balance needed for Rocket Sharing Company to reach €12 million. As security for that obligation, Mexedia granted a pledge over 51% of Stantup Service’s share capital to Rocket Sharing Company.

Mexedia said the value of Stantup Service was determined based on an independent valuation report prepared by a third-party professional under Italian law.

The company also noted that, following the issuance of the new Mexedia shares, a shareholder that held 1% of Mexedia’s share capital before the issuance would hold 0.7167% after the issuance.

Mexedia is an international technology company listed on Euronext Growth Paris and active in telecommunications and digital services. The company develops solutions designed to manage and optimize communication between businesses and their customers through integrated technologies, automation, and omnichannel services.