The transaction strengthens the Lynx Group’s offering in process engineering and operational efficiency, with a focus on the industrial, retail and large-scale distribution (GDO) sectors.
Milan, 20 December 2025 – Lynx, an Italian group specialized in the design and development of digital solutions, has acquired 75% of Temsi, a company that for around 50 years has been operating in operations organization and process engineering across the industrial, retail and large-scale distribution (GDO) sectors. Temsi’s long-standing shareholders retain a 25% stake and remain fully involved in management.
Founded in 1978, Temsi is a highly specialized process engineering firm with a distinctive approach focused on performance measurement and on improving the productivity of people, machines and processes. It is not a traditional consulting company: its teams work directly on the ground—inside factories, warehouses, logistics hubs and retail outlets—partnering closely with management and with client companies’ operational structures to deliver concrete results that are measurable and sustainable over time.
The company employs around 60 professionals, is headquartered in Bologna, and is also present in Brazil through its subsidiary Alterego, in which it holds a 70% stake. The remaining 30% is owned by Marco Lupi, Alterego’s founding partner and CEO, who will continue in his role, ensuring management continuity and oversight of the local market, further strengthening Lynx’s presence in Latin America.
Across the industrial, retail and large-scale distribution (GDO) sectors, Temsi has built extensive experience through more than 100 projects delivered for leading national operators. Roberto Fasani is confirmed as Temsi’s CEO and, together with the long-standing shareholders, will retain a 25% stake, ensuring operational and strategic continuity.
“With Temsi joining us, we continue Lynx’s growth journey in highly specialized services for the industrial world. The objective of this investment is to integrate organizational and process engineering expertise with our technology offering, helping companies achieve tangible and effective improvements in their operations. Thanks also to the contribution of Temsi and Alterego, we strengthen the Group’s ability to bring technological innovation directly into operational environments, generating measurable value across the entire industrial value chain,” said Matteo Moretti, CEO of the Lynx Group.
“Temsi’s entry into the Lynx Group opens a new phase of growth and development for our company,” said Roberto Fasani, CEO of Temsi. “With Lynx we have found a solid, strategic partner whose technological expertise and long-term vision integrate perfectly with our know-how in process engineering. This collaboration will enable us to deliver increasingly efficient and innovative solutions to our clients, accelerating growth and generating tangible value for both organizations.”
“Lynx’s entry into Alterego, through Temsi, represents a fundamental strategic step for the evolution of our company,” said Marco Lupi, Founder and CEO of Alterego. “Becoming part of a group like Lynx means accelerating our growth path in the Brazilian market, which is highly competitive and recognized as one of the world’s leading laboratories of digital innovation.”
The acquisition of Temsi completes a strategic year of M&A for Lynx, which in 2025 has already strengthened its technological and organizational capabilities through targeted transactions: the acquisition of Digix in June, specialized in Strategic & Project Portfolio Management (SPM) and Customer Relationship Management (CRM); in July, the acquisition of Intesys and its Networking division in the field of system integration and digital transformation, along with the addition of Linkalab, a laboratory specialized in Artificial Intelligence and Data Science; and in August, the acquisition of Ímpar in Brazil, the Group’s most significant international transaction to date, consolidating its presence in a strategic, fast-growing market.
In the transaction, GM Venture and Livingstone Partners acted as financial advisors; DLA Piper assisted Lynx on legal matters; KPMG carried out the financial due diligence; and Morpurgo e Associati handled the labor due diligence.