In July 2022, the sale of Gravity Works, a company specialising in high-risk work protection, was completed. The purchase was carried out by Itaca Capital. Baker Tilly Corporate Finance advised Gravity Works on this transaction. 

Vendor: Gravity Works

Gravity Works, based in Sabadell (Catalonia), is a company created in 2014 by specialists in the world of occupational risk prevention with extensive knowledge in the construction sector.

The hard core of the company comes from a company that was able to give important values to a profession that was difficult to fit into the sector. Seriousness, rigour, commitment and innovation are some of the reasons why Gravity Works has achieved such prestige. 

The Gravity Works management team remains at the helm to continue to lead the company. 

Investor: Itaca Capital

Barcelona-based Itaca Capital is an advisory and investment firm focused on long-term value creation for SMEs.  Together with other partners, it has invested in this transaction through Gravity Partners.  

Baker Tilly Corporate Finance:

Baker Tilly advised the shareholders of Gravity Works on the negotiations with the Itaca Capital team. Alex Wendt, a partner specialising in the sector, led the team. Baker Tilly Corporate Finance has a dedicated Mergers & Acquisitions team and has consistently ranked in the top 10 in the global small and mid-market. 

Baker Tilly International's corporate finance services include advising on cross-border transactions for clients doing business in multiple locations. Baker Tilly's network spans 145 territories, with 38,000 people working in more than 746 offices.

Baker Tilly International is an international business professional services network specialising in advisory, consulting, audit, tax and legal, accounting, labour and management services for SMEs and multinational companies.