Altia Consultores, S.A. acquired Bilbomatica Sociedad Anonima for 24 million.
July 28, 2022
Share
Altia Consultores, S.A. (BME:ALC) acquired Bilbomatica Sociedad Anonima for 24 million on July 26, 2022. Bilbomatica closed 2021 with revenues of 36.44 million and an EBITDA of 2.65 million. Ernst & Young, S.L. acted as Financial due diligence advisor to Altia. Jose Ramón Berecibar of Cuatrecasas acted as legal advisor to Bilbomatica.
Altia Consultores, S.A. (BME:ALC) completed the acquisition of Bilbomatica Sociedad Anonima for 24 million on July 26, 2022.
Altia Consultores SA is a Spain-based company primarily engaged in the provision of information technology (IT) services. The Company's activities are divided into three business areas: Services, Products and Managed Services. The Services area offers IT and busness advisory services, development of IT systems, outsourcing, as well as complementary hardware and software, among others. The Products line is responsible for the development of software platforms, such as Flexia and Mercurio. The Managed Services division provides customized, long-term solutions, including business continuity plan in case of information loss, infrastructure as a service (IaaS), as well as management and monitoring of IT systems, among others. The Company cooperates with a numner of entites, such as IBM, McAfee, Hewlett-Packard (HP), Hitachi Data Systems, Oracle and Microsoft. It is a subsidiary of Boxleo Tic SL.