SEC Newgate S.p.A. (AIM:SECN) acquired TwisterME from Twister Communications Group Srl for €0.34 million on July 29, 2021. Consideration is payable in cash. The remaining 30% will be held by Elena Gramatica, who will join the rebranded company as managing director. Twister ME, will be rebranded SEC Newgate ME. Twister ME reported revenues in excess of €0.5 million for 2020 and was breakeven. Following the acquisition, the board of SEC Newgate ME will comprise Elena Gramatica, together with Tom Parker, Group deputy Chief Executive Officer and EMEA Regional Manager and Sergio Penna, Group Chief Financial Officer. Richard Johnson of Arden Partners acted as adviser and broker for SEC Newgate S.p.A. in the transaction. SEC Newgate S.p.A. (AIM:SECN) completed the acquisition of TwisterME from Twister Communications Group Srl on July 29, 2021.