Luis Molowny
Norgestion
Sofware DELSOL
Deal Type
Company sale
Sector
Technology
Completion Date
20th November 2020
Deal Value
Not disclosed
Company Background
Software DELSOL with more than 30,000 clients and over 180 employees, is considered one of the main companies in Spain in software management solutions for SMEs. The company offers its clients accounting, billing, human resources management solutions and a comprehensive product that includes all the former functions.
Deal Summary
Norgestion acted as financial advisor to Software DELSOL on its 100% sale to Italian management digital solutions leader TeamSystems which was looking into entering the Spanish market. This deal gives continuity to the Italian company growth strategy through recent acquisitions such as Habble, Beneficy, AF Soluciones, Area 32 and MBM in Italy. In Spain, together with Software DELSOL, TeamSystem has acquired Billin , following the internationalization and development strategy that the company is implementing. TeamSystem will bring to Software DELSOL its experience on the digitization of SMEs and professionals.
Sofware DELSOL deal contacts
Key members of the Norgestion deal team crucial in the Sofware DELSOL transaction
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