Havant: Artificial Intelligence and European expansion drive a record growth

Havant (formerly SB Italia), a digital innovation company with over 20 years’ experience, a leading player in digital transformation and process digitisation solutions, operating in six European countries and backed by Argos Fund, has closed the 2025 financial year with strong financial growth, confirming the development path it has embarked upon and further strengthening its position in the Italian and European markets.

The group recorded a significant increase in turnover compared with the previous financial year, driven by the expansion of its customer base, the broadening of its offering — particularly in the areas of AI and intelligent document processing — and a greater ability to maintain a strong market presence.

The year 2025 closed with a turnover of €70 million, representing year-on-year growth of 40%, confirming the strength of demand in the core segments in which Havant operates. Operating profitability improved significantly, with EBITDA up by 39.7% compared with the previous year and an expansion in margins resulting from careful cost management and greater efficiency in internal processes. On the financial front, the company continues to maintain very low leverage, despite the M&A transactions carried out during the year, highlighting a solid financial and capital structure to support future investments.

“Havant was founded on the belief that the digital transformation of businesses must be driven by smarter, more secure and more manageable processes. The 2025 figures confirm that this vision is increasingly resonating with the market. We will continue to invest in technology, talent and partnerships to consolidate our leading role in AI applied to Intelligent Document Processing and Enterprise Digital Transformation.” — Massimo Missaglia, CEO & Founder, Havant

“These results represent a significant milestone for Havant and confirm the strength of our business model. The year-on-year growth demonstrates our ability to execute our strategy effectively, whilst maintaining a strong focus on financial sustainability and long-term value creation. We are particularly pleased with the progress made in artificial intelligence applied to enterprise process automation and digital trust, areas where we still see significant potential for growth.” — Pietro Lanza, Managing Director & Board Member, Havant

For Havant, 2025 was a year of consolidation and acceleration across all strategic fronts. The results reflect the company’s ability to transform its technology offering into tangible value for customers, with highly innovative solutions that are focused on business processes.

In particular, the expansion of the Docsweb AI suite — an IDP platform enhanced with advanced AI capabilities — contributed significantly to the growth in recurring revenue. Similarly, AgileSign, Havant’s hub for enterprise process validation, saw a sharp rise in adoption by new customers.

SmartEX, the expense management platform within the Digital HR Suite, has further consolidated its presence in medium and large enterprises, benefiting from integration with leading ERP suites and growing demand for automation in administrative processes.

Havant is now positioned as one of Europe’s leading players at the intersection of applied artificial intelligence, Intelligent Document Processing and regulatory compliance. At a time when the AI Act and the growing focus on European digital sovereignty are redefining market rules, achieving ISO/IEC 42001 certification — the first international standard for AI management systems — gives Havant concrete and verifiable credibility: every AI system deployed is designed in accordance with principles of ethics, transparent governance and data control, requirements that are now non-negotiable for enterprise clients and regulated markets.

In 2025, Havant acquired Archive-IT, a leading European company renowned for its expertise in advanced digital archiving solutions, secure storage services, digitisation and intelligent document management. The integration has expanded the group’s capabilities, cementing its position as a key player in Europe’s digital transformation.