Zuccheti, the first Italian software company, buys Solmicro, a Spanish business management software company.

, ,
Integral service around a transaction
BY : Diego GutiérrezDecember Mon, 2016
Zuccheti has taken over the 100% from Solmicro, a company from Bizkaia, in order to grow in the Latin American market. Solmicro has 22 years of experience in developing technological solutions for the company.
About Solmicro: Financial Facts
About Solmicro: Product

Solmicro is a Basque management software company with more than twenty years market presence. The solutions offered by Solmicro range from solutions for ERP and CRMto business intelligencecloud computing and digital marketinglThe Solmicro-eXpertis ERP-CRM vertical software tool. This tool is made up of functional modules. In addition to the functionalities common to all ERP-CRM management programs, it has clearly differentiating modules: Quality, Maintenance, Human Resources, EDI, ELM, Projects, Production Scheduling, Product Configurator, B2B and Document Management.

About Solmicro : Shareholding history

Solmicro has been supported since 2000 by Talde, which bought 27% from its founders. Talde entered into the shareholding through a capital increase with a €0.6M investment. This investment supported Solmicro's growth plan in the domestic market, with the opening of branches in Madrid and Barcelona.

About Zuccheti

Zuccheti is one of the leading software companies in Europe, offering solutions for ERP, CRM, HR management, robotics, hospitality, automation, Internet of Things, M2M, access control and video surveillance systems. The Italian company currently has its own companies in France, Germany, Switzerland, Romania, the United States and Brazil and is present in 40 other countries through more than 200 partners outside Italy. Zuccheti has an annual turnover of €400M, 3,300 employees, 105,000 customers and 38 years in the market.

Why did Zuccheti buy Solmicro?

One of the reasons why Zucchetti has chosen Solmicro in its growth strategy is that Solmicro, thanks to its partners in Latin America, allows it to grow in the Hispanic-American market. So far Solmicro had a presence in this market, mainly in Argentina and this purchase will allow it to distribute some of its solutions also in Spain and Latin American countries.

In addition, Zuccheti stresses that what he values most about Solmicro is the verticalisation of its software, which has applications for the industrial, construction, food and wine sectors.

On the other hand, the fact that they share the same culture: the sale of their own solutions through a large network of qualified partners and a strong commitment to R&D, has been a determining factor in the acquisition.

On Solmicro's side, the fact that it did not have the resources to maintain its competitive position was a determining factor in the sale. "The fast-paced world of technology in which we work demands a constant and increasing level of effort in R&D&I; a fact that is not easy for Solmicro, due to its size. Although we have achieved this so far, it is becoming increasingly difficult for us to maintain a level of investment in line with the competitive position we occupy," says Justino Martínez, Solmicro's Managing Director.

"Thus, Solmicro, in such a competitive technological world, achieves greater solvency and more capacity to continue supporting its customers, while providing new solutions that the Italian group is developing in other areas," says Diego Gutiérrez, corporate finance expert at Solmicro. Abra-Invest.

If you are looking for investors, you want to buy or selling a companyplease contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?