What opportunities do international actors see in the Spanish ERP?
- In Spain the quality/price ratio of programmers is higher than in other European countries and the rest of the world.
The acquisition of Spanish companies is a good bridge to enter the Spanish-speaking market.
As we can see in the examples of software companies discussed below, the objective of the acquisitions The main objective of the projects carried out in the last six months has been to enter the Latin American market.
-The ERP market in Spain is already a mature sector where acquisitions are taking place.
Cosmo Consult buys Iniker
The Basque group Iniker, third largest partner of Microsoft Dynamics and one of the best-selling ERP service providers in Spain, has been acquired by the German company Cosmo Consult, leading Microsoft Dynamics partner in Europe.
Grupo Iniker is based in San Sebastian and has seven offices in Spain and five in Latin America, specialising in the industrial manufacturing and automotive sectors, to which it provides ERP and CRM services from Microsoft Dynamics and SAP. It has 120 employees and 30 years of experience. With the integration, Iniker will continue to be led by its management team and founder.
German multinational RIB Software buys Presto
The German multinational RIB Software AGwhich markets a comprehensive platform for large and medium-sized construction companies, acquired the company earlier this summer. Soft, publisher of Presto software, one of the most widely used in Spain in the field of construction companies, with the aim of expanding into Spanish-speaking markets.
According to a note from the new company, in Spain more than 80% of the projects with a budget of more than one million euros use Presto. In addition, its clients include construction giants such as ACS, FCC, Sacyr, OHL, Acciona, Ferrovial, Dragados and Cobra.
As potential markets, RIB Spain is looking at countries such as Chile, Dominican Republic, Colombia, Ecuador, Jamaica, Mexico, Peru and the USA.
Softland announces acquisition of Spanish company Toolents
Softland GroupToolents, a company that has been providing ERP and Human Resources management software solutions to companies in Latin America for more than 30 years, has acquired Toolents, a Spanish company that has developed an integrated talent management software that generates greater value in organisations through people.
Teresa Morales, founder of Toolents mentioned that: "this integration will allow us to bring the benefits of our solution to Softland customers in Latin America, which coincides with the internationalisation plans that the company had already initiated, expanding to several countries on the continent and to bring the technology to all types of organisations for the improvement, promotion and loyalty of talent".
If you are looking for financing or want to sell your company, please contact us by calling us on +34 946424142 or fill in the contact form.
Other posts that may interest you
New funds for the ICT sector, promoted by Carlos Blanco, Hotusa Ventures and Octopus
New venture capital funds for the ICT and real estate sector