In February 2025, Baker Tilly has advised Vanture ESS, a consulting firm specialized in business management solutions and a leading SAP and Odoo partner, in its acquisition process by knowmad mood, a leading technology consulting firm in digital transformation. With this transaction, knowmad mood strengthens its position in the market, expanding its capacity to offer advanced technological solutions for business management to medium and large companies.
The acquisition of Vanture ESS by knowmad mood is part of its strategic growth plan, which has led it to incorporate several consulting firms in recent years, consolidating its position as one of the main players in the IT sector in Spain. This integration will generate key synergies and improve the services offered by both companies. Baker Tilly has provided comprehensive advice to Vanture ESS throughout the transaction, ensuring a smooth process and aligning strategic objectives with operational execution.
Target: Vanture ESS
Vanture ESS, based in Barcelona and with more than 15 years of experience in the sector, has a team of 150 highly qualified professionals. The company is a SAP Gold Partner and Odoo Silver Partner, standing out for its innovative S4BOOST methodology, which incorporates predictive artificial intelligence to optimize digital transformation projects. Its client portfolio focuses on key sectors such as hospitality, public administration, distribution and media.
“This partnership with knowmad mood is the natural step in the evolution of our company. It allows us to expand our service offering and strengthen our presence in the sector, ensuring Vanture ESS's sustainable growth over the next decade. We are confident that this integration will create great opportunities for our clients and partners.”
Joan de la Encarnación, general manager of Vanture ESS
Inversor: knowmad mood
knowmad mood is a multinational company specialized in digital transformation that offers consulting, IT services and software development. Founded in 1994, the company has more than 30 years of experience and employs more than 2,700 professionals of 44 different nationalities. In 2023, knowmad mood recorded revenues of €168.1 million, an increase of 30% over the previous year.
“The addition of Vanture ESS to knowmad mood represents a milestone on our path to excellence in technology and consulting. With this transaction, we strengthen our SAP and Odoo practice, ensuring that our clients receive innovative and highly efficient solutions. At the same time, we provide Vanture ESS with a solid platform to expand its market impact.”
José Manuel Rufino, President and CEO of knowmad mood.
Baker Tilly Tech M&A Advisory:
Baker Tilly ha asesorado a Vanture ESS en las negociaciones con la dirección de knowmad mood. Diego Gutiérrez, partner specialized in the technology sector, led the team. Baker Tilly has an area specialized in advice in technology mergers and acquisitions and has consistently ranked in the Top 3 in the market for small and medium-sized technology companies in Iberia.
Baker Tilly International's services in corporate finance include advising on cross-border transactions for clients doing business in multiple locations. locations. Baker Tilly's network extends across over 140 territories, with over 43,000 people working in more than 650 offices.
Baker Tilly International is an international business professional services network specializing in advisory, consulting, audit, tax and legal, accounting, labor and management services for SMEs and multinational companies.
