
M&A Advisors in the Software Industry: Leadership and Experience
We guide our clients, developers of technology and management software, in identifying corporate opportunities that best fit the company and property strategy.
Providing ideas and discovering new opportunities for our clients and our society.
Closed mergers and acquisitions and operations in the Capital Markets.
We offer our services through our international firms: Mergers Alliance and Wil Group.
We closed 2025 with 15 M&A transactions, 14 of which are included in the Bloomberg ranking.
The increasing role of international investors (30%) and Private Equity (53%) supports our ability to execute in a competitive environment.
Bloomberg - Financial Advisors Ranking
Total M&A transactions during 2025

The impact of software on M&A transactions
In the dynamic world of mergers and acquisitions (M&A), the software sector has emerged as a particularly relevant field, becoming one of the most active in Europe and globally in recent years.
This boom is largely due to the rapid growth of the technology industry, derived from the digital transformation process that we are witnessing in all productive sectors. In this regard, extensive investment opportunities and strategic expansion in both local and international markets have opened up for developers of software and technological services. This translates into several key aspects:
Para un propietario que se plantea vender, comprar o dar entrada a un socio, entender el contexto en el que se produce la operación pesa tanto como el propio negocio. Un asesoramiento especializado en el sector es esencial para interpretar estas dinámicas, anticipar las preguntas del comprador y enfocar la operación con criterio.
The acceleration in the needs of companies for digitalization and process automation has increased the demand for technological solutions. Operators who can offer innovative products or services have a competitive advantage in this expanding market.
Along with the notable growth in demand in the sector, other factors such as the recurrence of revenues, the scalability of these businesses, customer loyalty or the capacity to generate cash, have made technology companies very attractive to investors and buyers. This means greater access to capital to expand, innovate or even for a possible strategic exit through a sale or merger.
The expansion of the sector encompasses a wide range of entities, from startups to well-established companies. This opens up a range of opportunities for collaborations, strategic alliances and exploration of new market niches.
There is a growing trend toward specialized investment in specific technology markets. Companies that operate in particular niches or that offer innovative solutions can attract the interest of these specialized investors, thus obtaining an additional boost for their growth and development.

The technology sector in Spain
In Spain, the technology sector, traditionally comprised of small and medium-sized family businesses, has become an attractive field for corporate operations, both by financial investors and by international industrial groups seeking to consolidate the sector. For those who are interested in exploring these opportunities, it is essential to have specialized advice to make informed decisions in order to be able to deal with processes that incorporate a certain complexity with the maximum guarantees.
Specialized advice on mergers and acquisitions for the software industry
NORGESTION has been providing corporate advice to specific operators in the software sector for more than 20 years.
Transformadores de tamaño medio y propiedad familiar, que negocian a la vez con grandes grupos de materia prima y con la gran distribución. Un subsector en plena reordenación, con operaciones de venta, entrada de socio y consolidación.
Del productor de fruta y hortaliza a la conservera, un subsector condicionado por la marca de distribuidor, la estacionalidad y la exigencia del gran distribuidor, que empuja a la consolidación y a la búsqueda de tamaño.
Bodegas y compañías de bebidas con marca, donde la valoración mezcla activos, marca y canal, y donde el componente familiar pesa especialmente en cada operación.
El segmento de mayor convergencia entre comprador industrial y financiero, y el punto donde la distribución y el canal Horeca se cruzan con el producto. Un terreno en plena expansión y de los más activos en M&A.
Our distinctive approach lies in the integration of experts in finance, law and taxation, collaborating closely from the start of the sales process. This interdisciplinary synergy guarantees the optimization of results and efficient management of the process, reducing the impact on the company's daily operations.
Asesoramiento especializado en fusiones y adquisiciones para el sector agroalimentario y alimentación especializada
NORGESTION asesora a empresas del sector agroalimentario y alimentación especializada en operaciones corporativas: venta de empresa, entrada de socios financieros, adquisiciones, fusiones y reestructuraciones. Trabajamos con propietarios, familias empresarias y fondos de inversión que operan en el tejido agroalimentario español y europeo.
La valoración de una compañía agroalimentaria va más allá de aplicar un múltiplo. Pesan el circulante, el perímetro inmobiliario de las naves, la relación con el gran cliente y la posición en la cadena. El resultado es una valoración que refleja lo que la compañía vale de verdad para un comprador del sector.
Parte del valor de una operación se decide en su preparación previa: ordenar permisos y licencias, segregar el patrimonio inmobiliario, optimizar el circulante y normalizar el EBITDA. Este análisis riguroso permite que la compañía afronte el proceso en las mejores condiciones y con los argumentos clave ya validados.
Los puntos que un comprador mira con lupa (licencias antiguas, exigencias medioambientales, tratamiento de vertidos) conviene anticiparlos para llegar a la due diligence con las respuestas preparadas. El proceso se gestiona cuidando los tiempos y la confidencialidad, que en empresa familiar valen tanto como el precio.
Pensar quién es el mejor comprador es la mitad del trabajo. Un proceso competitivo bien diseñado pone en valor la compañía ante los perfiles adecuados (industriales, fondos y family offices), en España y fuera de, gracias a un alcance internacional propio.
50 years of experience and international reach in M&A
IT M&A Consulting
There are three cross-cutting pillars that mark our line of work at Mergers & Acquisitions, and they are what have led us to be the reference firm that we are today.
We manage each operation meticulously and with all our involvement, aligning decisions with the company's strategic and financial objectives.
We safeguard the integrity of the operation and the interests of all parties, understanding the high sensitivity of the information involved and its potential repercussions.
We provide a clear perspective of each stage, with proactive and accurate communication, strengthening the alignment of expectations and objectives between consultants and clients.
Llevamos décadas asesorando operaciones en el sector agroalimentario y alimentación especializada. Conocemos los actores de cada subsector, entendemos la cadena de valor del productor a la distribución y sabemos alinear la realidad de la empresa familiar con las expectativas del inversor financiero.

Local presence in major global markets.
Mergers Alliance has its own tools that allow all its partners, currently present in more than 20 countries and with more than 30 offices around the world, a high level of collaboration and integration.




We transform the complexity of mergers and acquisitions into a controlled process that places your company in a favorable position with reputable experts with extensive experience in M&A operations.
We provide expert advice on mergers, acquisitions and financial restructurings, along with detailed analysis and financing strategies to maximize the value and growth potential of companies.
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