Gruppo Servizi Associati - GSA, an Italian professional services firm, has acquired a 70% stake in Ats - Around The Show for $11m to strengthen its presence in the specialized security services sector. The deal closed on May 22, 2026.
| Acquirer | Gruppo Servizi Associati - GSA (IT) |
| Target | Ats - Around The Show (IT) |
| Value | $11m |
| Type | Acquisition |
| Closed Date | May 22, 2026 |
| Buy-side Advisors | Eurizon Capital Real Asset sgr |
| Sell-side Advisors | unknown |
| Legal Buy-Side Advisors | unknown |
| Legal Sell-Side Advisors | not disclosed |
The acquisition aims to enhance GSA's market position by expanding its security management expertise for major public and private events, as well as improving capabilities in access control, event ticketing operations, specialized services, and advisory authorizations for complex events.
Deal Mechanics
GSA, supported by Eurizon Capital Real Asset sgr, acquired a controlling interest of 70% in Ats - Around The Show on May 22, 2026. The transaction value was $11 million and the deal was announced on July 4, 2023.
Strategic Rationale
The acquisition positions GSA to accelerate its growth in specialized security services by leveraging Ats's comprehensive expertise in event management, particularly for large-scale public and private gatherings. This move allows GSA to integrate advanced access control technologies and sophisticated ticketing systems into its portfolio, thereby enhancing service offerings.
Financial Context
The $11 million transaction is part of a broader strategy by GSA to penetrate high-demand segments within the security industry. By expanding operational capabilities through this acquisition, GSA seeks to capitalize on growing market opportunities in event management and specialized security solutions.