2iG Capital's collaboration with the CP SOFTWARE GROUP (GRUPO CONTROL PRESUPUESTARIO) was developed over almost three years and consisted of designing the Group's development strategy, starting with its management consulting activities, until it became one of the fastest-growing companies in IT consulting services in Spain.
Subsequently, the project to change the partnership model, in place since the beginning of the consulting firm, was undertaken to bring in an industrial partner to replace the 17 partners in the ownership of the company. The result of this project was the integration of the CP SOFTWARE GROUP into GETRONICS, a leading company in the IT sector listed in the Netherlands and the USA.
2iG Capital acted as sell-side advisor of GRUPO CP SOFTWARE in its sell to GETRONICS. The transaction, carried out in 1998, is the highest value operation paid in cash in Spain by a company in the Information Technology sector, with a valuation of 1.85 x sales and PER 23.
2iG worked on: Strategic advisor, Business development, Corporate strategy, Market research, M&A (Mergers & acquisitions)
Related companies: GRUPO CP SOFTWARE, GETRONICS, TECNOCOM, GRUPO CONTROL PRESUPUESTARIO