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Advice Group acquires Leevia

07 October 2021
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The martech company is thus expanding its range of technological solutions applied to digital marketing.

The Advice Group has recently finalised the acquisition of Leevia, a company with offices in Trento and Milan, whose platform enables you to create, manage, and monitor online contests in order to engage communities, generate leads, and create brand awareness on the main social networks. 

The closing saw Advice acquire the majority of Leevia: the transaction was carried out through the purchase of the shares of minority shareholders, including Digital Magics – an incubator of innovative start-ups which has supported Leevias's growth process since 2016 – and a simultaneous increase in the reserved capital. The contractual agreements also stipulate that Advice Group may increase its stake to up to 100% of the share capital over the next two years.

The merger of these two companies will offer brands from all sectors a complete range of cutting-edge technological and strategic solutions, to acquire, retain, and extract value from customers, with the aim of improving the net promoter score (NPS) and streamlining the information on its customer base, with a view to GDPR compliance.

A new entrepreneurial drive that will also enable the company to accelerate the go-to market not only in the foreign markets where Advice already operates, but also in the countries where the Italian brands that are clients of the two companies operate, thanks to the scalability of the platform, now available in 9 languages.

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The acquisition of Leevia is part of a strategic plan that, over the course of 3 years, will lead us to become the only player in the martech economy with 100% Italian capital, able to offer an engagement and loyalty service, fully managed on proprietary platforms and ready to compete in international markets, as the recent awards in London and New York have shown. We now have an additional component that will enable us to offer clients innovative follower conversion solutions, capable of converting users in proprietary and protected environments where companies can extract value from their relationship. In fact, with the decline of third-party cookies, it will become essential to have a strategy based on personalised stimuli and transparent user recognition. A challenge we are more than ready for today and are sure to lead the way in overcoming tomorrow.
Fulvio Furbatto, CEO & Founder of Advice Group
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Being part of an important martech company like the Advice Group confirms that the decisions we made to invest in technologies from the beginning were the right ones to position ourselves on the market. Working alongside the Advice Group opens up new opportunities for growth and international expansion in the loyalty market, a world in which online contests are an important point of access and contact with users. We will continue to work to improve the platform technology in the data collection phase and add new products and features, and to offer high engagement rates thanks to the intrinsic gamification of the contests and a carefully crafted user experience, to which we have always been very attentive. We share values and a vision with Advice Group and this merger will enable us to further focus investments on new technologies and solutions to differentiate ourselves in the market.
Francesco Mancino, CEO of Leevia
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