MAPS signed a binding agreement to acquire 100% of BI Health, a Rome-based company developing business-intelligence tools for public healthcare. The initial price is €3,706,492.47, subject to adjustment for net financial position at closing.
Completion is expected by 30 November 2026, unless otherwise agreed, and remains subject to contractual conditions including Golden Power requirements. The acquisition has therefore not yet completed.
BI Health reported 2025 revenue of €2.612 million, EBITDA of €992,000 and net financial debt of €449,000. The consideration includes €1 million at closing, subsequent instalments and a component for manager-shareholders after approval of the 2028 accounts, with possible additional payments tied to agreed targets.
The company
MAPS is a software group founded in 2002 and listed on Euronext Growth Milan since 2019, focused particularly on healthcare and energy. Ticker MAPS, ISIN IT0005364333.
Market data
The latest verified price was €2.57, down 0.77% from €2.59, on 17 September 2026 at 17:35. Volume was 11,766 shares.