In the last month, the acquisition of Thinking People by Grupo Castilla was agreed. Baker Tilly Corporate Finance has advised the Grupo Castilla shareholders in the transaction consisting in the acquisition of the 100% of Thinking People.

Seller: Thinking People

Thinking People is a Spanish Human Resources Consulting. Within the Human Resources sector they offer products and services in the following areas: Training and Development, Personnel Selection, Evaluation of Competencies, Working Environment, Internal Communication, Performance Management, Identification and Management of Talent, Job Evaluation, Remuneration Policy, Organisational Development, Payroll and HHRR Software etc.

Investor: Grupo Castilla

Grupo Castilla is a Spanish company dedicated to the development and implementation of solutions for the management of Human Capital, specialized in the development of software solutions. In addition, it has also announced the launch of a new 3-year business plan that envisages a major expansion strategy, combining organic growth and acquisitions, with the aim of reaching a turnover of 14 million euros in 2020 and 20 million euros in 2022.


Baker Tilly has advised to Grupo Castilla shareholders in the negotiations with the company´s management team. Diego Gutierrez as the corporate finance partner, specialized in IT sector has led the team.

Baker Tilly Spain is a national business professional services firm specialised in advisory, consulting, audit, tax and legal advice, accounting, labour and management services to SMEs and multinational companies. All services are offered in the 6 main languages of the European Union and the over 35 years of experience position Baker Tilly Spain as one of the professional service firms with the broadest knowledge of the market, both on a national and international scale.

Baker Tilly International corporate finance capabilities highlight cross border transaction advisory for clients doing business in multiple locations. Baker Tilly network, which extends across 145 territories, with 34,700 people working out of more than 746 offices.

Fuente: Baker Tilly Corporate Finance

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