Cuatrecasas has advised the german multinational Nagarro, a global leader in digital engineering, on the acquisition of the spanish technology company Advanced Programming Solutions (APSL), one of the main providers of comprehensive software development services, cloud systems and data analytics in Spain, with a strong international presence.
The firm team involved in the transaction included german desk experts Kai Christian Fischer, M&A partner; Gregor Erlebach, labor and employment counsel; and lawyers Marc Amorós, tax, and Paula Martínez, M&A. Counsel Alejandro Negro advised on intellectual property and data protection matters.
With this operation, Nagarro takes control of a company that has a background of more than thirteen years in the sector and a highly specialized team of more than a hundred professionals, which has based its success on the use of open source tools for the development of its own business management solutions in the cloud. It also offers a fully personalized treatment for each client in all its services, which it provides through the use of technologies such as AI, Cloud, Big Data and IoT, following the latest global market trends.
Founded in 2009, APSL is an IT services company offering a variety of value-added service offerings in 3 main business lines: development, data and cloud systems. APSL’s client base includes leading Spanish and global companies in all sectors, including tourism, energy and the public sector, among others.
Nagarro, a world leader in digital engineering, helps clients become innovative and digital companies and, therefore, win in their markets. The company is distinguished by its entrepreneurial, agile and global character, its caring mindset and innovative thinking approach. Nagarro employs more than 19,000 people in 34 countries.