Dhh S.p.a MIL:DHH

Dominion Hosting S p A : DHH acquires BLS and enters the Managed Cybersecurity market

Published

Source: MarketScreener

Milan, 30 March 2026. DHH S.p.A. (DHH.MI) (ISIN shares IT0005203622 | ISIN warrants IT0005645541) announces that it has completed the acquisition of a 65% stake in B.L.S. Consulting Srl ("BLS") today.

Founded in 1995 and headquartered in Pavia, BLS is a Managed Service Provider operating in the B2B segment, specializing in the proactive and remote management of its clients' IT infrastructures, with a focus on cybersecurity. Its business model is primarily based on recurring revenue, which accounts for over 80% of its turnover.

Led by Vito Savino, Mauro Bruseghini, and Antonio Reale, the company closed 2025 with revenues of 2,5 million euros, EBITDA positive, and a positive net financial position (net cash) of ca. 400 thousand euros. Over the past ten years, BLS has consistently reported profits, accompanied by steady revenue growth, a positive net financial position, and strong cash generation capabilities.

DHH completed the first phase of the transaction with the acquisition of 65% of BLS's share capital and the signing of shareholders' agreements granting it an option to purchase the remaining 35% within 180 days of the approval of the 2027 financial statements.

The total value of the transaction is 1,3 million euros. The consideration for the initial 65% stake was paid entirely in cash, using DHH's cash reserves. BLS's results will be fully consolidated into DHH's financial statements starting in April 2026.

DHH was advised on the transaction by Thymos Business & Consulting.

Giandomenico Sica, Chairman of the Board of Directors of DHH, comments: "With the closing of the transaction, we are launching an industrial partnership with BLS that completes DHH's portfolio in cloud services, connectivity, and managed infrastructure. The addition of BLS allows us to integrate cybersecurity expertise into our offering, while the group will provide platforms and operational capabilities to support its growth. I would like to thank Vito Savino, Mauro Bruseghini, and Antonio Reale for their work and for the foundation they have built over the years, which serves as the basis for our collaboration. The goal is to develop increasingly integrated services for our customers in a market environment that demands flexibility, expertise, and rapid execution".