BlueBull, the financial advisory firm specialised in advising technology-driven and high-growth businesses in M&A transactions, acted as the exclusive financial advisor to the shareholders of DDM Solutions on its sale to Archiva Group, a portfolio company of Progressio SGR, leading Italian mid-market private equity.

Archiva Group, a leading provider of digital transformation solutions specialised in document intelligence, e-invoicing, and process automation, has acquired DDM Technology with the aim of integrating DDM’s innovative SAP-native document management technologies into its comprehensive digital services suite, strengthening its capabilities in enterprise automation and process optimisation.

Founded in 2016 and headquartered in Padua, DDM is a leading provider of SAP-native solutions for digital document and workflow automation. The Company operates in the enterprise software space, offering a suite of certified Add-Ons that streamline document-driven processes within SAP ERP, S/4HANA, and RISE environments. DDM’s platform enables users to manage, automate, and archive business documents natively within SAP, enhancing compliance and operational efficiency. The solution offers embedded, AI-powered workflows for invoice automation, procurement, digital archiving, e-invoicing, and e-signature integration.

BlueBull exclusively advised DDM Technology and its shareholders throughout the transaction, supporting the Company in executing a strategic deal designed to accelerate its growth trajectory. The combination of DDM and Archiva Group will create a leading force in the enterprise document automation vertical, uniting deep SAP-native capabilities with end-to-end digital transformation expertise to unlock greater value for corporate clients in Italy and across Europe.

About DDM

Founded in 2016 and based in Padua, DDM Solutions delivers SAP-certified software that simplifies and automates document workflows within SAP systems. Its Add-Ons help companies digitise core processes like procurement and invoicing, enhancing compliance and reducing operational complexity.

DDM Solutions serves over 140 enterprise clients across Italy and Europe, with a strong track record of successful deployments in sectors such as manufacturing, pharma, and chemicals

The Company is backed by a team of more than 30 professionals dedicated to delivering scalable, secure, and user-centric SAP-integrated solutions

About Archiva

Founded in 1998 and headquartered in Villafranca di Verona, Archiva is a leading Italian provider of digital solutions specialising in document management, e-invoicing, and business process automation. Through its proprietary platforms, including Requiro and Archiva BPM, the Company supports over 580 enterprise clients across a wide range of industries

Archiva combines deep regulatory expertise with a cloud-first approach, enabling organizations to optimize data flows, ensure compliance, and accelerate digital transformation

Since 2024, Archiva has been a portfolio company of Progressio SGR, a private equity firm specialised in supporting the growth of Italian mid-market companies operating in the technology, industrial, and services sectors.

"BlueBull played a pivotal role in structuring and executing the transaction, providing clear guidance and strong support throughout the process" Andrea Papalia Co-Founder & CSO, Alberto Sartor Co-Founder & COO and Christian SeverinCo-Founder & CTO

About BlueBull

BlueBull is a leading investment bank with a presence in Southern Europe, specialising in advising technology and high-growth companies with disruptive and innovative business models.

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