Clicars, the Spanish startup for buying and selling cars online, achieved a turnover of 5 million euros in its first year. According to the accounts deposited in the commercial register, this is a record. Never before has such a young company achieved such a turnover.
Fintech investment grows by 222% in Q1 2017
In the first quarter of 2017, European startups in the fintech sector received 667M from venture capital, which is now almost 60% of the amount raised in the whole of 2016. Among the reasons for this growth are the support being given to early-stage fintech companies in the UK and changes to online payments across the EU.
Seidor goes shopping again, this time to reinforce Seidor Digital
The technology consultancy has bought the creativity and digital marketing agency Yslandia to strengthen its digital division created in 2016. This purchase allows Seidor to add the value layer of digital creativity to the existing layers: digital transformation consultancy and technological innovation of Seidor labs. For its part, Yslandia benefits from Seidor's technology to develop its work.
MBO Sales - Management Buy Out Operations
Below we will show some of the well-known Management Buy Out operations of the last few years. MBO sales tend to have an interesting component, as seen from the outside, there is very little evidence of the change that the company underwent...
French software management group Berger-Levrault buys Absis and its subsidiary Tecnogeo, Catalan companies
Last year, Berger-Levrault, a French software management company, bought the Spanish company Aytos, which operated in the same sector, to create its Spanish subsidiary. Just over a year later, Berger-Levrault bought Absis and its subsidiary Tecnogeo.
Spanish tourism company Hotelbeds buys Tourico and GTA and doubles in size
Last year Civen was one of the largest private equity deals in Spain: it bought Hotelbeds for €1165M. Now, 6 months later, Civen has managed to double the size of Hotelbeds by buying two companies: Tourico, which operates in the American market and GTA, which operates in the Asian market.
Top Doctors receives another €3M round, led by a Russian investor.
The round aims to consolidate Top Doctors in the markets in which it operates: Spain, Italy, UK, Chile, Mexico, Colombia and the US, as well as the possibility of opening up markets in Germany and France. The company currently has 120 employees. Forecasts indicate that, when it completes its expansion plan in 2018, the workforce will rise to 160 people.
Insight Venture Capital has just bought data recovery company Spanning Cloud, what other deals have been done in this niche market?
At the beginning of the year we announced that Logtrust, a Spanish company received $11M to continue growing globally. Among the services this company offered were data recovery. Now Spanning has been bought by Insight Venture.
Adea, a document management company, buys SDM
Adea ingeniería documental compra SDM, con el objetivo de adquirir una base tecnológica, que le sitúe en la vanguardia de la gestión documental digital. Experta en la automatización de cualquier procedimiento documental, SDM ofrece avanzadas herramientas de...
Arab company Alfanar buys Spanish smart grid provider ZIV
Avantha group, which bought the Basque company in 2012, is selling the ZIV group in order to reduce debt, strengthen its balance sheet and build a financially stronger company.
Merkle, a leading US data consultancy, buys Spanish company Divisadero
Performance marketing and data usage agency Merkle has acquired Spanish data and analytics consultancy DIVISADERO in order to expand its operations and data offering in Europe.
Dexma, which uses big data for energy efficiency, receives €1M
The company has received a round led by Inveready, with the aim of consolidating its growth in the European market, focusing on countries such as the UK, Italy, France, Belgium and the Scandinavian market. In parallel to its expansion in Europe, the resources will also support the launch of a new energy consumption analysis tool called Energy Grader.