The year 2025 has been decisive for Baker Tilly’s Tech M&A practice. According to data based on the Transactional Track Record (TTR), the firm has consolidated its position as the leading advisor in technology mergers and acquisitions in the mid-market in the Iberian market by number of transactions advised in the TMT sector. This is the third consecutive year that Baker Tilly Tech M&A has achieved this position.
This progress is also reflected in the leading rankings of transactional activity in Spain, where LSEG places Baker Tilly among the most active advisors in the country, with 22 transactions advised in 2025 across all sectors. This figure confirms the positioning of the Tech M&A practice as a benchmark in the national and international market.

The technology market rewards real traction: origination, specialized advice, and effective closings. In an environment where value depends on the product, recurrence, installed base, or intellectual property, the role of the advisor is critical.
In 2025, Baker Tilly Tech M&A has excelled in:
The trends that have defined the Tech M&A market in 2025 are clear:
Strengthening its consolidation strategy through the acquisition of a company with over 1,100 active clients. A case where the value lies in the product, the installed base, and the technical capabilities. In this article, we discuss the acquisition of Extra Software by BSG.
Entry into the professional services software segment, a highly recurring niche with strong customer loyalty. Access all the details of this transaction here.
Transaction focused on water and gas digitalization solutions, with cross-border complexity and relevance for the modernization of public services. We explain Baker Tilly’s role as advisor in the integration of Arson Metering into Netmore Group.
Strategic transaction in digital health, a regulated sector with high barriers to entry and strong recurrence. Discover all the details of the transaction.
Example of convergence between technology and industry, impacting energy, HVAC, and renewables. We explain the role Baker Tilly played as exclusive financial advisor to Distrimel Rioja.
Integration of creative and technological capabilities, with synergies that boost operating margin. In this article, we discuss the details of the acquisition of Fly Me to the Moon by t2ó ONE.
Transaction that strengthens capabilities around ERP platforms such as SAP and Odoo, key for medium and large enterprises. Access the details of the transaction here.
The growth of Baker Tilly Tech M&A in 2025 can be explained by:
Market forecasts point to:
Visibility in rankings is no longer just a recognition; it is a direct reflection of the ability to execute and close transactions consistently.
Baker Tilly Tech M&A's positioning in 2025 is no coincidence; it is the result of an exceptional team of technology experts with a deep understanding of the product, recurrence, and operational dynamics that truly drive value in technology M&A.
Our advisors have repeatedly demonstrated their ability to lead complex processes, build trust, and maximize value for our clients.
In 2025, we have demonstrated that we are, without a doubt, one of the best technology M&A teams in the market.
At Baker Tilly Tech M&A, we don’t just advise on transactions: we deliver results.
By Diego Gutiérrez