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  5. Sword Group Acquires Full On Net

M&A Deal Summary

Sword Group Acquires Full On Net

On October 23, 2025, Sword Group acquired information technology company Full On Net

Acquisition Highlights
  • This is Sword Group’s 5th transaction in the Information Technology sector.
  • This is Sword Group’s 1st transaction in Spain.

M&A Deal Summary
Date 2025-10-23
Target Full On Net
Sector Information Technology
Buyer(s) Sword Group
Deal Type Add-on Acquisition

Target

Full On Net

Madrid, Spain
Full On Net provides consulting services focused on data science, artificial intelligence, and digital platform development. Full On Net was founded in 2001 and is based in Madrid, Spain.

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Buyer(S) 1

Buyer

Sword Group

Windhof, Luxembourg
Category Company
Founded 2000
Sector Information Technology
Employees2,411
Revenue 323M EUR (2024)
DESCRIPTION

Sword Group is a specialised Software and IT services company with a current headcount of 1 200+ staff. Sword Group was incorporated in 2000 and is headquarters in Windhof, Luxembourg.

DEAL STATS #
Overall 10 of 10
Sector: Information Technology M&A 5 of 5
Type: Add-on Acquisition M&A Deals 10 of 10
Country: Spain M&A 1 of 1
Year: 2025 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-15 Bubble Go

Plan-les-Ouates, Switzerland

Bubble Go is specialised in providing high-value-added IT services. It operates primarily in the private banking and luxury sectors. Bubble Go is based in Plan-les-Ouates, Switzerland.

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