Atamaral, an investor specialising in technology companies, has bought 30%, from the technology consultancy Tenentia.
Tenentia is a Spanish technology consultancy, which currently has more than 45 professionals working on national and international projects with more than 12 years of experience in Business Process Management (BPM), business process management, helping its clients to do what is necessary, through the synchronisation of activities, the integration of systems, the incorporation of business rules and its process control system.
The investment in Tenentia is the fifth by this investment group. It had previously invested in GATEan engineering company that provides technology services, Altana consulting, which in 2009 joined forces with Efron, also an investee, and in televeo.com, a website where you can watch movies and programmes for free, in streaming.
Expanding in the technology consultancy sector
The purchase of Tenentia complements the services of Efron Consulting, a subsidiary of Atamaral, which was created in 2008 as a result of the merger of two companies of the Atamaral group: Tecnoconsulting Global Services and Global Sight Technologies. Efron was born out of the need to offer a wide range of services within the technology consulting sector in order to be competitive, which is why companies from very different fields joined forces. Tecnoconsulting was very much focused on the world of finance and insurance, and Global Sight in telecommunications. At the same time, the following are also incorporated 4Sightbelonging to Global Sight and specialising in quality, testing and testing, and Global KeyOne, focused on systems.
Later, Altana Consulting also joined Efron, bringing mainly its experience in the healthcare sector, and then joined the TQS group.
And now the participation in Tenentia strengthens its position in the technology consultancy sector, allowing the common client to request a collaboration between the two companies, although they are two independent companies in terms of capital and operation.
What does Atamaral's participation in this business project mean?
Atamaral is not really a classic investment fund as it is not a venture capital fund, but it invests in companies with a strong focus on the world of technology and does so in a very stable way.
It has no control vocation, it is a minority partner and only enters into companies in which it can contribute more than pure financing. It mainly provides technological, commercial and management support.
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