King & Wood Mallesons has advised the shareholders of Adesis Netlife on the sale of its company and subsidiaries to GFT. This transaction strengthens GFT Group’s market position in Spain and will also boots GFT´s expansion in Latin America.

Adesis Netlife is a Spanish company that specialises in IT services and consulting for the development of integrated digital solutions with a special focus on the financial sector. The company has completed over 600 projects for major companies in Spain, particularly in the banking and insurance sector. The client portfolio also includes companies from other sectors such as energy and health.

The multi-practice King & Wood Mallesons team consisted of:

·Corporate: Roberto Pomares (Partner), Germán Cabrera (Senior Associate) and Gonzalo Fernández (Associate)

·Employment: Carlos Gil (Partner) and Cristina Esteban (Senior Associate)

·Tax: Pablo Tejerizo (Senior Associate)

Fuente: King & Wood Mallesons

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