We have formalized the acquisition of 100% of the technology consulting firm IN2. With this acquisition, we strengthen our presence in Catalonia, add more than 150 new professionals, bringing the total to more than 4,000 employees; and expand our portfolio of technological solutions in strategic sectors such as healthcare, social services, tourism, and transportation.
For an initial amount of €4 million, the transaction includes a variable payment of up to €3.5 million, subject to the achievement of business objectives over the next five years.
Headquartered in Barcelona and with over 30 years of experience, IN2 is a technology consulting firm with a highly experienced team and annual revenues of €8 million. The company excels in the execution of technology projects in key sectors such as healthcare, social services, tourism, transportation, and Industry 4.0. IN2 has established itself as a leader in the digital transformation of both private and public organizations, particularly in Catalonia, thanks to its innovative capacity and customer-focused approach.
Commitment, knowledge and experience
The incorporation of IN2 into Altia strengthens our position in Catalonia, where we have been operating since opening our Barcelona office in February 2020. This transaction expands our capabilities and our technological solutions offering, allowing us to further strengthen our relationship with current clients and explore new opportunities. The transaction adds a team that has demonstrated a high level of commitment, knowledge, and experience —values we fully share.
"We are truly pleased to add IN2's talent, management team, and experience to our organization with a transaction that allows us to strengthen our presence in Catalonia and broadly expand our capabilities in key sectors," says Constantino Fernández, President of Altia. "IN2's experience undoubtedly expands our value proposition and our ability to generate a positive impact for all our clients. This is a new step in our journey to position ourselves as a technological benchmark in the IT services world in Europe."
Constantino Fernández
Executive Chairman
Rafael Paulet
Executive President of IN2
For his part, Rafael Paulet , CEO of IN2, stated that “ joining Altia represents an opportunity to accelerate our growth and offer our professionals a future with greater opportunities. For more than three decades, we have worked to develop a highly qualified technical and human team, and we know that this integration will allow us to further expand our work. Together, we will be able to tackle larger projects and offer innovative and efficient responses to the challenges of an increasingly complex market, while maintaining the values that have defined our success: commitment, quality, and customer service .”
The transaction is part of our expansion strategy, consolidating our position as a leader in the Spanish technology sector. We continue to focus on the expansion and diversification of our services, maintaining a firm commitment to innovation, quality, and talent.
