Add-on Acquisition • Software

Factorial Acquires Fuell

On October 3, 2023, Factorial acquired software company Fuell

Acquisition Context

This is Factorial’s 1st transaction in the Software sector.
This is Factorial’s 1st transaction in Spain.

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M&A Deal Summary
Date	October 3, 2023
Target	Fuell
Sector	Software
Buyer(s)	Factorial
Deal Type	Add-on Acquisition

Target Company

Fuell

Madrid, Spain

Fuell provides a unique expense management software solution focused on budget management, while also simplifying back-office tasks such as tax refunds and expense categorization. Fuell is based in Madrid, Spain.

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Buyer Overview 1

Buyer

Factorial

Barcelona, Spain

Category	Company
Founded	2016
Sector	Software

DESCRIPTION

Factorial is a provider of human resources software solutions. Factorial was founded in 2016 and is based in Barcelona, Spain.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Software	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Spain	1 of 1
Year: 2023	1 of 1

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