M&A Deal Summary

Lleida.net Acquires Indenova

On October 27, 2021, Lleida.net acquired internet software and services company Indenova for 7M EUR

Acquisition Highlights
  • This is Lleida.net’s 1st transaction in the Internet Software and Services sector.
  • This is Lleida.net’s 0th largest (disclosed) transaction.
  • This is Lleida.net’s 1st transaction in Spain.

M&A Deal Summary

Date 2021-10-27
Target Indenova
Sector Internet Software and Services
Buyer(s) Lleida.net
Deal Type Add-on Acquisition
Deal Value 7M EUR
Advisor(s) Livingstone Partners LLP (Financial)

Target

Indenova

Valencia, Spain
Indenova is a provider of electronic signature, electronic invoicing, and process automation services. Indenova has offices in Spain, Colombia, Peru, Chile and Paraguay and clients in other countries.

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Buyer(S) 1

Buyer

Lleida.net

Madrid, Spain

Category Company
Founded 1995
Sector Communications
Employees146
Revenue 16M EUR (2023)
DESCRIPTION

Lleida.net is an operator in electronic communication certification and econtracting. The group provides solutions and services for certification and securing of e-mail, SMS, and electronic documents to the general public, businesses, and public administrations. Lleidanetworks Serveis Telematics was founded in 1995 and is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Spain) 1 of 1
Year (2021) 1 of 1