Sesa Group takes majority stake in Delta Tecnologías de Información
Context
The transaction entails the majority stake acquisition of Delta Tecnologías de Información S.L. by Sesa S.p.A., acting through its subsidiary Var Group. This business combination is a strategic move to reinforce the group’s Digital Identity and Blockchain capabilities within the Iberian market. Structurally, the deal integrates the target’s specialized proprietary OCR, biometrics, and AI-driven data automation technologies into the acquirer’s established Digital Security and Blockchain competence centers. The strategic rationale is multifaceted: it expands the acquirer’s geographic footprint in Spain, adds highly specialized digital identity expertise to the portfolio, and creates operational synergies by leveraging the target's existing customer base in the hospitality and healthcare sectors.
By taking control of Delta Tecnologías de Información, Sesa Group continues its expansion strategy. Previously, the group had completed 3 acquisitions, including Innofour in 2025.
Delta Tecnologías de Información, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, representing a discount to the average observed in the TMT (Tech, Media, Telecom) sector (14.8x in 2025).
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Target
Delta Tecnologías de Información S.L. is a specialized Spanish technology firm founded in 2006, with headquarters in Barcelona and Madrid. The company is a recognized expert in the digital identity and data automation sectors, providing high-end biometric recognition, artificial intelligence, and machine learning-based OCR solutions. Its proprietary technology platform is engineered to facilitate instant ID reading and recognition, serving critical sectors such as healthcare, hospitality, and security. By integrating advanced blockchain technology for digital evidence verification, the firm offers a robust framework for secure, traceable digital interactions. With a portfolio that includes over 800 enterprise clients, the company has established itself as a niche leader in automating complex data workflows and enhancing digital security protocols.
Ent. Value
€0–15M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
Other operations with Sesa Group
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 11/2025 | SESA GROUP | 4IT SOLUTIONS | SWITZERLAND | MSP (Managed Services) |
| 10/2025 | SESA GROUP | ALBASOFT | ITALY | ERP, HR & Finance |
| 06/2025 | SESA GROUP | VISICON | GERMANY | ERP, HR & Finance |
| 03/2025 | SESA GROUP | INNOFOUR | NETHERLANDS | Consulting & Integration |
| 10/2024 | SESA GROUP | SMART ENGINEERING | GERMANY | Engineering & Design Software |
| 12/2022 | SESA GROUP | CYRES CONSULTING | GERMANY | Cybersecurity Services |
Similar deals in IT Services
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 06/2025 | ALMAVIVA | TIVIT | BRAZIL | MSP (Managed Services) |
| 06/2025 | TRUESEC GROUP | BANSHIE | DENMARK | Cybersecurity Services |
| 05/2025 | AZULIS CAPITAL | ACENSI | FRANCE | Consulting & Integration |
| 04/2025 | PERCEVA | ADVENTIEL | FRANCE | Custom Dev |
| 04/2025 | MOMENTUM | SECHER SECURITY | DENMARK | Cybersecurity Services |
| 03/2025 | SESA GROUP | INNOFOUR | NETHERLANDS | Consulting & Integration |
| 03/2025 | HIG CAPITAL | TIMETOACT GROUP | GERMANY | Consulting & Integration |
| 02/2025 | HIG CAPITAL | CONVERGE TECHNOLOGY SOLUTIONS | CANADA | Consulting & Integration |
| 12/2024 | RIVEAN CAPITAL | VALCON | NETHERLANDS | Consulting & Integration |
| 11/2024 | EURAZEO | EOWIN | FRANCE | IT Services |
REFERENCES
Valuation range: EV €0–15M
Revenue range: €0–5M
EBITDA range: €0–5M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Delta Tecnologías de Información by Sesa Group are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Target: delta tecnologías de información
Acquirer: sesa group
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