ETL Italia Acquires a Stake in PDM & Partners
An agreement has been signed between ETL Italia and the professional firm PDM & Partners Stp, which has long been a recognised point of reference for businesses in Liguria.
From today, its clients will benefit from the synergies of the international network and the multidisciplinary expertise of the NexumStp Group, with which ETL Italia is closely associated.
From today, its clients will benefit from the synergies of the international network and the multidisciplinary expertise of the NexumStp Group, with which ETL Italia is closely associated.
by NexumStp S.p.A.
An alliance of people working to create a shared promise, a fair and transparent commitment, and a source of mutual growth and evolution.
info@nexumstp.it
2nd July 2026 – ETL Italia, the company established through the joint venture between consulting firm NexumStp S.p.A. and ETL Global, has acquired a stake in PDM & Partners, a professional services firm based in La Spezia and Milan that has been supporting micro and small businesses through every stage of their corporate lifecycle since the 1960s. The transaction was completed today with the closing.
PDM & Partners provides tax, corporate and labour consulting services. The firm is led by Gianluca De Zan, Chartered Accountant, together with labour consultants Daniela Marchesini and Marco Pinelli.
The professionals will continue to operate locally, maintaining their direct relationship with clients while contributing to the development of the group through the expertise built over time.
Joining ETL Italia represents an opportunity for growth and development, thanks to the integration of services and cross-functional expertise within the ETL Group and NexumStp S.p.A. Società Benefit, while further strengthening companies’ internationalisation processes.
Massimo Nardini, Managing Partner of NexumStp and Chairman of ETL Italia, commented:
“The agreement with PDM & Partners marks another step forward in our growth journey in Italy. It is a solid, well-established firm with deep roots in its local market, and one that shares our values, professional approach and vision for development. This transaction confirms ETL Italia’s strategy of building a network of local centres of excellence, enhancing expertise and relationships.”
Gianluca De Zan, Chairman of the Board of Directors of PDM & Partners, added:
“The increasing complexity of the global economic environment requires organisations and businesses to evolve continuously. In order to provide the companies we support every day with innovative services aligned with market dynamics and cutting-edge advisory solutions, we have chosen to embark on this journey with ETL Italia, combining our experience with that of a dynamic and multidisciplinary group.”
ETL Italia S.r.l. is the company established following the joint venture between the international consulting group ETL Global and NexumStp S.p.A.. The two organisations launched their project for the development of the Italian market in 2024, after approximately three years of international partnership. NexumStp is a joint-stock company created in December 2018 through the merger of several of Italy’s most prestigious tax and labour advisory firms. The group has 59 offices across Italy, with its main office located in Rome, and serves approximately 22,000 clients in the fields of tax, corporate, labour, legal and management consulting, as well as outsourced payroll and HR administration services. The group’s additional competitive strengths include recruitment and executive search services, funded training programmes and technology solutions for business management.
Press Office NexumStp Diesis Group:
Giorgio Tedeschi – Valentina Colombo
Tel 02 626931 – nexumstp@diesis.it
by NexumStp S.p.A.
An alliance of people working to create a shared promise, a fair and transparent commitment, and a source of mutual growth and evolution.
info@nexumstp.it
