{"id":44404,"date":"2019-09-04T00:00:00","date_gmt":"2019-09-03T22:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/baker-tilly-asesora-a-imaweb-en-su-venta-a-providence\/"},"modified":"2025-11-06T16:56:07","modified_gmt":"2025-11-06T15:56:07","slug":"baker-tilly-advises-imaweb-on-sale-to-providence","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/baker-tilly-asesora-a-imaweb-venta-a-providence\/","title":{"rendered":"Providence acquires Imaweb with advice from Baker Tilly"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Imaweb recently closed a deal with Providence to finance its growth strategy, a transaction advised by Baker Tilly Corporate Finance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Based in Madrid, <a href=\"https:\/\/www.imaweb.com\/\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.imaweb.com\/es\/\" rel=\"noreferrer noopener\">Imaweb<\/a> is a <strong>software company focused on the automotive dealership market<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"749\" height=\"262\" src=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/logo-imaweb.png\" alt=\"\" class=\"wp-image-53007\" style=\"width:612px;height:auto\" title=\"\" srcset=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/logo-imaweb.png 749w, https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/logo-imaweb-300x105.png 300w, https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/logo-imaweb-18x6.png 18w, https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/logo-imaweb-600x210.png 600w\" sizes=\"(max-width: 749px) 100vw, 749px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The firm's SMIT is a unique web-based automotive sales operations system designed specifically for automotive marketing by automotive sales experts, recommended by automotive salespeople, automotive dealers and manufacturers alike. It is used by thousands of dealers who have seen significant improvement in sales, profitability and customer loyalty.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rollout to cover a complete network of distributors is surprisingly fast, and gives the manufacturer an instant return on investment, not only through improved sales but also through better image quality and the most powerful reporting system on the market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Providence Equity Partners<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Founded in 1989, <a href=\"https:\/\/www.provequity.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Providence<\/a> is the <strong>largest industry-focused private equity firm in the world<\/strong>, with approximately $40 billion of AUM (assets under management) and a primary focus on education, communications, media and information technology.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"259\" height=\"194\" src=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/providence-logo.jpg\" alt=\"providence equity\" class=\"wp-image-52914\" title=\"\" srcset=\"https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/providence-logo.jpg 259w, https:\/\/techma.bakertilly.es\/wp-content\/uploads\/2022\/01\/providence-logo-16x12.jpg 16w\" sizes=\"(max-width: 259px) 100vw, 259px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">For its part, Providence Strategic Growth (\u00abPSG\u00bb), formed in 2014, is PEP's growth equity affiliate; PSG has a team of 37 investment professionals and 11 senior advisers, totalling over 75 years of cumulative industry experience, investing in software and technology services companies. Its competitive advantage is based on providing extensive resources for growth, a creative and flexible partner model, and a proven strategy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Baker Tilly's role<\/strong> as business sales advisers<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It has been <a href=\"https:\/\/techma.bakertilly.es\/en\/\" data-type=\"URL\" data-id=\"https:\/\/techma.bakertilly.es\/\">Baker Tilly<\/a> who has advised Imaweb's shareholders in the negotiations with Providence, with <strong>Diego Guti\u00e9rrez Zarza leading<\/strong> the team thanks to his status as the company's Corporate Finance partner. Diego recently joined Baker Tilly Corporate Finance as an expert in M&amp;A in the technology industry, and is working alongside Xavier Mercad\u00e9 and Alex Wendt to develop the firm as the leading mid-market advisor in Europe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Regarding legal matters, the advisor has been Jos\u00e9 Luis Mart\u00edn (Baker Tilly Legal).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Baker Tilly International's corporate finance capabilities include advising on cross-border transactions for clients doing business in multiple locations, and the Imaweb transaction is a good example of this.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Baker Tilly's network extends across 145 territories, with 34,700 people working in more than 746 offices.<\/p>","protected":false},"excerpt":{"rendered":"<p>Imaweb closes an agreement with Providence to finance its growth strategy with the advice of Baker Tilly Corporate Finance.<\/p>","protected":false},"author":4,"featured_media":52748,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[222],"tags":[155,153],"sectores":[2212],"tipo-contenido":[2262],"class_list":["post-44404","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-adquisiciones","tag-corporate-finance-spain","tag-global-corporate-finance","sectores-enterprise-software","tipo-contenido-transacciones"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=44404"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/44404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media\/52748"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=44404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=44404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=44404"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=44404"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=44404"}],"curies":[{"name":"well played","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}