Baker Tilly advises Unikal Tech on its acquisition of Neteris

In July 2023 Unikal Tech Partners and Neteris Consulting have announced the agreement whereby the consultancy firm becomes part of the group. Baker Tilly Corporate Finance has advised the Unikal Tech Partners team in this acquisition transaction.

Unikal Tech Partners thus adds the third highly specialised company to its group in just a few weeks and accelerates the building of a leading European IT group through inorganic growth under a Buy&Build model.

Target: Neteris Consulting

Neteris Consulting, founded in 2008 and with offices in Madrid, A Coruña and Malaga, is a digital solutions and specialised services consultancy. It has managed to position itself as one of the leading companies in the design and implementation of business process management solutions, data analytics, transition to the cloud and managed services.

Neteris has more than 100 professionals serving its more than 250 clients throughout Europe. The Neteris management team will continue to lead the management of the company and will strengthen both the Neteris brand and its human capital.

"This is a major milestone for Neteris. The Unikal Tech Partners project is exciting and means taking Neteris to the highest level. The entire Unikal team has always made us feel how much they value our experience, the knowledge of the team and the human capital of Neteris. We believe that this step we are taking, in addition to facilitating the creation of unparalleled synergies, will provide us with the solidity and resources with which we will be able to achieve the objectives we have set for the future much more quickly, while guaranteeing great development opportunities for our professionals". Juan Manuel Grajera and Ignacio Romero, Managing Partners of Neteris and new partners of Unikal Tech Partners have valued the agreement very positively.

Investor: Unikal Tech Partners

Founded in 2022 with the support of Ufenau Capital Partners and the partners of EinzelNet to build a European group of differential IT specialists through a Buy-&-Build model. Unikal is pursuing an ambitious strategy of inorganic expansion across Europe, bringing on board successful entrepreneurs and leaders who share its vision.

"The agreement reached with the management of Neteris is a major milestone in our ambitious plan to build the group. We are very pleased to be able to announce this incorporation, because we are convinced that it will be a fundamental part of our future. From the outset, we were very clear about the great opportunity to add the enormous knowledge and experience of the Neteris team to the group. We are very pleased to have reached an agreement for Ignacio, Juan Manuel, Rafael, Victor and Carlos to join the project and bring us all their knowledge, quality and strategic vision". José Gil and Jorge Hilario, co-founders, CEOs and partners of Unikal Tech Partners.

Baker Tilly Corporate Finance

Baker Tilly has advised Unikal Tech Partners in the negotiations with the management team of Neteris. Diego Gutiérrez, a partner specialising in the technology sector, led the team.

Baker Tilly Corporate Finance has a team specialising in Mergers and Acquisitions and has consistently ranked in the Top 10 in the global M&A market.

Baker Tilly International's corporate finance services include advising on cross-border transactions for clients doing business in multiple locations. Baker Tilly's network spans more than 145 territories, with over 41,000 people working in more than 700 offices.