Baker Tilly GDA is a corporate finance company with expertise in the technology sector that stands out from other firms due to its technological focus. We have a specialised M&A offering in the technology sector with a European focus and we are recurrently ranked in the top 10 in the mid and small market at international, European and Spanish level.
Baker Tilly is currently the third largest mid-market M&A advisor in the technology sector in Spain:
The image, which refers to the ranking obtained from the TTR source, shows the 3 consultancies that have closed the most in Spain in 2020 in the technology sector.
Specifically, our firm closed a total of 4 acquisitions during 2020, despite the complicated time we are going through due to the covid-19.
Among the deals we have closed in recent years are these two operations, which are listed below.
On this occasion, Baker Tilly has advised the acquirer in what has been its first investment in Spain in a sector we are already familiar with: human capital management and salary software.
Given the fragmentation of the human capital management and payroll landscape in Spain, Accel-KKR, is pursuing complementary M&A and consolidation targets primarily in Spain. Potential fits include consolidation in the human capital management space, payroll oriented software and services and learning management software for employee training.
In 2019, Baker Tilly agreed to sell Imaweb, a software company focused on the automotive dealer market, to Providence, the world's largest industry-focused private equity firm with approximately $40 billion of AUM (assets under management) and a primary focus on education, communications, media and information technology..
In the transaction Baker Tilly advised the selling party's shareholders.
The two successful deals mentioned in this post, as well as our track record, are a reflection of the great expertise that Baker Tilly Corporate Finance has in the technology sector. Our current position is another step towards achieving our mission: to become the leading European mid-market reference.