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WEEK 45 (2025) IN M&A AND PRIVATE EQUITY IN SPAIN

• Stellum Capital acquires a majority stake in LABORATORIOS BILPER Group, a Vizcaya-based manufacturer of pet hygiene, cosmetics, biocides and veterinary products marketed under brands such as Menforsan, Megusta and Bacterisan, sold in 60+ countries.   • Atrys agrees to sell 100% of ASPY Prevención, its occupational risk prevention unit, to Grupo Echevarne for €145m, […]

IT CONSULTING IN SPAIN: RECORD M&A ACTIVITY IN Q3 2025

IT Consulting Sector Accelerates M&A Activity in Spain During Q3 2025   In the third quarter of 2025, the M&A market in Spain’s IT consulting sector recorded 19 transactions, marking a 36% increase above the historical average. This momentum highlights the growing interest from both international investors and local companies seeking expansion. 🔹 58% of

ALBIA FAMILY BUSINESS PROFESSORSHIP AT SALAMANCA UNIVERSITY

The University of Salamanca Creates the New Albia Family Professorship The collaboration agreement was presented by Vice-Rector Federico Bueno de Mata, Albia partner Fernando Cabos Ortiz de Zárate, and the Professorship´s director, Julio Pindado.   The Professorship will be affiliated with the Multidisciplinary Institute of Enterprise (IME) at the University of Salamanca.     University

CAÑAX PÁDEL: A DAY OF NETWORKING, SPORTS AND GREAT CONVERSATIONS

Connecting M&A and Finance Professionals in a Different Way Last Thursday, October 30th, we celebrated a new edition of Cañax Pádel, an event organized by Empresax that brought together professionals from the M&A, financial, and business sectors for a unique day where sport met networking and genuine connection. Empresax, a leading community in the mergers

WEEK 44 (2025) IN M&A AND PRIVATE EQUITY IN SPAIN

• ProA Capital has sold its Zaragoza-based Grupo Solitium to Koesio, valuing Spain’s leading office-solutions and managed print provider at €250–300 million. Solitium serves over 50,000 SMEs and large corporates, employs 1,500 employees, and partners with Ricoh and HP.   • Queka Real Partners has created B2group by combining B2com, Smartgroup and Datos101, forming a

M&A SOFTWARE REPORT Q3 2025: SPANISH TECHNOLOGY CONSOLIDATES ITS LEADERSHIP IN INNOVATION AND INTERNATIONAL INVESTMENT

The Software sector continues to consolidate its position as one of the pillars of M&A activity in Spain, driven by sustained interest from both international and financial investors.During the third quarter of 2025, a total of 28 transactions were recorded, maintaining the strong momentum of the Spanish technology market. 🌍International Investors and Financial Capital Drive

PODCAST WITH CARLOS POLO: “MEDIOCRE” AND THE REALITY OF M&A IN SPAIN

Carlos Polo: “Epic stories are overrated in business. What really matters is building and selling well.”   In the latest episode of our podcast Fusiones y Adquisiciones, our partner, Francisco Hidalgo interviews Carlos Polo, tech entrepreneur, author of “Mediocre”, and founder of NTS, the company he later sold to Seidor, one of Spain’s leading technology

WEEK 43 (2025) IN M&A AND PRIVATE EQUITY IN SPAIN

• Ferrovial acquired Spanish systems integrator Powernet to reinforce its data center design–build–operate capabilities. Powernet, founded in 1989 with offices in Madrid, Barcelona and A Coruña, reported ~€22.5m revenue and ~131 staff in 2024.   • Germany’s EW Group GmbH, owner of Spain’s berry breeder PLANASA, agreed to acquire U.S. seed producer Illinois Foundation Seeds

HEALTHCARE SECTOR: UPDATE Q3 2025

🏥 Q3 2025 Healthcare M&A Report: Spain Leads Sector Consolidation   Download the report directly here The third quarter of 2025 confirmed that healthcare remains one of the most active sectors in the M&A landscape across Spain and Europe. Despite macroeconomic uncertainty, Spain has solidified its position as a strategic destination for foreign investment, with

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