Which Mab companies are growing the most?

21/10/2016
Diego Gutiérrez
Which Mab companies are growing the most?
The two companies that have grown the most in the Mab in 2016 are focused on the software sector. Facephi is an example of a company that in 2016 is seeing a recovery after difficult years, while Alitia is an example of a company that Mab has helped to grow to become one of the leaders in its sector.
Fastest growing companies in 2016
FACEPHI, seems to be on the mend

Founded in 2006, it is the global leader in Facial Recognition technology, which is used in banks around the world.

The application stands out for being the only facial biometrics solution adapted to mobile banking, allowing users to access their bank accounts by simply placing their face in front of their device's camera as a selfie and without having to enter a username and password.

Facephi entered the Mab in 2014, in July 2014 with a capitalisation of €12M and a turnover of only €800,000 and an ambitious project, but without invoicing, which caused the value of the company to fall as time went by. Facephi bottomed out, in stock market terms, on 22 December 2015 with a value of 0.29 cents per share, which put it below the €3 million market capitalisation. But from January the company started to grow as it began to implement its technology in different banks around the world, especially in Latin America.

In 2016 they have carried out several capital increases.

Altia, 6 years growing on the Mab

It offers IT consultancy services and ICT solutions for various sectors of activity (industrial, financial, services, telecommunications or public administrations) adapted to the client's needs.

 Its corporate headquarters are located in A Coruña and it has seven more offices in the rest of Spain: Vigo, Vitoria, Santiago de Compostela, Madrid, Valladolid, Alicante and Toledo.

Altia, which was listed on the MAB in 2010 was the 10th company to be listed. Since then it has increased its turnover by 266% and its profits by 331%. It is now worth €109M more than when it was first listed.

Since 2014 it has had a major shareholder, the Indian investor Ram Bhavnani, who owns 7.5%. Since its IPO, Altia's shares began an unstoppable climb: the revaluation to June this year is 587%. The growth profile is due, in the words of Tino Fernández, to "the strength of its own resources", the confidence of large strategic clients, its R&D model, and the consolidation of the services managed from its data processing centre, with which it has managed to enter the cloud computing service provision niche.

Other posts that may interest you

Agile buys OTTN

Clerhp structures exits the mab up 10.24%

TECNOQUARK goes public on the MAB to finance growth

Lastest news

Webinar | Cómo maximizar el valor de tu empresa antes de vender

INFORMACIÓN IMPORTANTE: La inscripción y participación en los webinars es totalmente anónima para terceros Cómo maximizar el valor de tu empresa antes de vender Maximizar el valor de tu empresa antes de vender es, casi siempre, el trabajo más rentable que puede hacer...

The State of technology M&A in Spain | May 2026 Analysis

El M&A tecnológico en España registró en mayo de 2026 36 operaciones identificadas con un importe agregado conocido de aproximadamente 720,7 millones de euros. La cifra es una referencia mínima: 13 transacciones no hicieron público su importe. El mes combinó...

Notable technology M&A deals in Spain | Analysis: April 2026

The market for the sale and acquisition of technology companies in Spain once again saw particularly brisk activity in April 2026. The month saw significant deals in vertical software, cybersecurity, cloud computing, payments, artificial intelligence, telecommunications...

What does Constellation Software teach us about real value in tech M&A?

An analysis by Diego Gutiérrez Zarza, Partner at Baker Tilly Tech M&A For years, growth was enough to build value in a technology company. That is no longer the case. The market continues to pay a premium for good software companies, but it no longer rewards growth for its own sake...

Strategic Guide: AI and Valuation Multiples in Tech M&A in 2026

An analysis by Diego Gutiérrez Zarza, Partner at Baker Tilly Tech M&A To help you understand the current market for buying and selling technology companies, we have summarised the key points of our latest research in this quick-reference guide. How are...

Do you want to sell or buy a company?

We are experts in M&A transactions in the technology sector.

Subscribe to our newsletter

    On which topic would you like to receive information?

    Request for information

    If you want to buy or sell a company, or need more information about our services, do not hesitate to contact us through the form.

    Or if you prefer, call us at:

    +34 946 42 41 42