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ADFlex becomes a case study for a degree thesis

In 2022 AdFlex became a case study for the thesis of Dr. Francesca Tateo, School of Economics and Management of the Carlo Cattaneo LIUC University.
The title of the thesis is: “Extraordinary finance operations – The ADFlex spa case” and the objective of the paper is to expose the opportunities for Italian SMEs to derive value through extraordinary finance investments.

According to the thesis, in fact, investing in this way is certainly a risk, but having an in-depth knowledge of the tools available, it is possible to limit the negative effects deriving from poor evaluation and management. After a description of corporate finance instruments, the thesis focused on the M&A process in AdFlex, with an exposition of the advantages, risks and procedures of this investment method.

ADFlex was described in the paper to give a context to the certain and real data, underlining the potential of extraordinary finance operations and, in particular, of how recourse to debt can be seen as an opportunity for growth and not as a threat.

“I am happy to have had the opportunity to work on this project with AdFlex – commented Dr. Francesca Tateo, with whom we congratulate for her excellent work – in Italy SMEs are 92% of active businesses and therefore it was important to perceive the Italian entrepreneurial spirit live”.