Next Advisor, led by Dr. Paolo Ragazzi, acted as the Exclusive Financial Advisor of Happy Center Service S.r.l, a company active in the design and management of entertainment spaces for children, which sold its entire share capital to Leisure Group Italia S.r.l., a subsidiary of Dedem S.p.a, leader in the manufacturing and management of automatic photobooths.

Happy Center Service S.r.l was established in 1995 by Gianni Fontana and headquartered in Gattatico (Reggio Emilia), is a company active in the direct management and third-party rental of children’s games, wholesale of games and rides, as well as the organization of entertainment activities within shopping centers. Happy Center manages about 1.800 entertainment spaces, 1.400 of which are installed in 300 shopping centers throughout the Italian territory.

Leisure Group Italia S.r.l., headquartered in Rome, is a company active in the management of Family Entertainment Centers, travelling shows and permanent amusement parks.

The transaction will allow Dedem to further strengthen its position in the national territory in the leisure industry, by bringing the Group approximately € 10 million in annual revenues and an EBITDA margin of around 10%, thus consolidating its status as the undisputed leader in the sector.