Altia buys Spain's Ednon for €9.85M, adds 140 staff
What's the deal? Spanish technology firm AltiaDealroom has a profile for this one. Try Dealroom → has acquired 100% of compatriot EdnonDealroom has a profile for this one. Try Dealroom → for €9.85 million, plus an earn-out of up to €2.795 million tied to Ednon hitting its business plan for 2026 and 2027. The deal brings 140 professionals into Altia.
What does Ednon do? The 22-year-old firm works across public and private sectors, with a strong position in healthcare — including digital medicine and genomics projects — plus retail, justice, and banking. Its services span data governance, cybersecurity, infrastructure, managed services, and systems integration.
The numbers: Ednon posted revenue of €18.2 million and EBITDA of €1.8 million in 2025. Altia said contracts already signed in 2026 guarantee the firm will meet this year's targets.
What's the endgame? The acquisition fits one of Altia's core growth strategies: integrating companies with complementary capabilities and skilled technical teams. Ednon adds capacity in innovation, data governance, cybersecurity, and software solutions, alongside its innovation unit, Ednon Labs.
Why it fits. Altia president Constantino Fernández said the deal "reinforces very clearly Altia's ability to keep strengthening its service portfolio" in areas of high technological demand. He described Ednon as "a company with a solid track record, a highly qualified team, and a corporate culture very close to ours."
The signal: The deal reflects continued consolidation in Spain's IT services market, as mid-sized players bulk up on specialist capabilities — cybersecurity, data, and digital transformation — to serve public administrations and technology-intensive private clients.
Read more: Forbes España
Image credit: Generated with Gemini
