In April 2024, the acquisition of Solutio Outsourcing by Kirey Group (parent company of MPM) was closed. Baker Tilly M&A TMT advised the Solutio Outsourcing team in this transaction.
Through this acquisition, Solutio Outsourcing becomes part of a business group with a recognized prestige in the IT sector, while Kirey Group strengthens its position in the technology consulting market, expanding its presence and service offerings in Spain.
"At the core of our business is the desire to accompany our clients in their technological transformation process. We have always bet on a combination of experience and deep knowledge of the latest technologies, to provide the most suitable response to each specific case in an agile and flexible manner. For this reason, we see this operation as an important growth opportunity, related to the possibility of creating a mutual exchange of know-how and capabilities.“
Sergio López Acosta, CEO of Solutio
Founded in 1998 and headquartered in Madrid, Spain, Solutio Outsourcing has over 25 years of experience in the field of Information Technology (IT). Recognized as a strategic partner for companies' digital transformation, it has established itself as the reliable and agile provider that large corporations turn to.
The company provides comprehensive advisory services to its clients for defining their technological strategy, addressing any digital challenges they may face. This includes defining IT and mobility strategies, project management, change management, agile methodologies, user experience consulting, among others. Its areas of expertise encompass software development, data analysis and cloud.
Kirey Group, headquartered in Milan (Italy) with a strong presence in Spain, is a digital consultancy with over 45 years of experience. Since May 2023 it has been owned by the One Equity Partners fund. It specializes in guiding companies on their journey towards digital transformation, providing them with innovative and personalized technological solutions.
Its areas of expertise include monitoring, cybersecurity, and network management, helping companies protect their digital assets, ensure the availability and performance of their systems, and efficiently manage their network infrastructures.
Baker Tilly has advised Solutio Outsourcing in negotiations with the management team of Kirey Group. Diego Gutiérrez, a partner specialized in the technology sector, led the team. Baker Tilly has a specialized team in Technology M&A and has consistently ranked in the Top 10 in the global M&A market.
Baker Tilly International's corporate finance services include advice on cross-border transactions for clients doing business in multiple locations. The Baker Tilly network spans 140 territories, with over 43,000 people working in some 700 offices.
Baker Tilly International is an international network of professional business services specialising in advisory, consulting, audit, tax, legal, accounting, labour and management services for SMEs and multinational companies.
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