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Izertis completes a €54.1 million share placement with the entry of leading institutional investors

Izertis completes a €54.1 million share placement with the entry of leading institutional investors

Izertis has successfully completed a capital increase with the exclusion of pre-emptive subscription rights, for an effective amount of €51.3 million, through the issuance of 5,576,141 new ordinary shares (representing 19.21% of the current share capital) at a price of €9.20 per share (par value plus share premium).

The transaction also included a secondary tranche in which the technology consultancy offered for sale 304,749 treasury shares (1.05% of the current share capital), as reported to the Spanish National Securities Market Commission (CNMV). The total amount of the placement (capital increase plus sale of treasury shares) therefore reached €54.1 million. 

Demand, however, totalled close to €74 million, implying an oversubscription of 2.3 times the transaction size, excluding the €39.3 million subscribed by anchor investors.

The transaction, aimed at supporting the company’s organic and inorganic growth in line with its Business Plan 2030, was carried out through an accelerated bookbuild offering addressed exclusively to qualified investors. The placement attracted prominent international and domestic funds and family offices, including Italian asset manager Alkemia Capital; UK-based asset manager Janus Henderson; the Onchena family office, which has acquired a 5.20% stake in the resulting share capital; and Anémona Group, which has strengthened its position in the shareholder structure.

The entry of these new investors enhances the institutional profile of Izertis’ shareholder base, contributing to greater diversification, improved share liquidity and a stronger positioning as a leading player in its sector. It also represents a significant endorsement of the company’s growth strategy, as Izertis aims to become one of the leading technology consultancies in Southern Europe.

The new shares are expected to be admitted to trading on the Madrid, Barcelona, Bilbao and Valencia Stock Exchanges tomorrow, Friday 30 January. Izertis has undertaken a 90-day lock-up commitment not to issue or sell shares from the date of the placement, subject to customary exceptions for transactions of this nature.

The placing entities were JB Capital Markets (which also acted as coordinator) and Alantra Equities, while Renta 4 Banco acted as agent bank. Ramón y Cajal Abogados acted as legal adviser to Izertis, while Gómez-Acebo & Pombo Abogados advised the placing entities.

Business Plan 2030

Izertis’ Business Plan 2030 targets revenues of €500 million and normalised EBITDA of €65 million. The company’s growth strategy combines organic and inorganic expansion, integrating high value-added companies and pursuing a strong internationalisation strategy focused on key global markets, expanding its presence into new European countries and strengthening its three existing production hubs.

Since 2024, Izertis has acquired five international companies and one domestic company. These include the UK-based firms Assured Thought (January 2025), Projecting (July 2024) and MBC Group (April 2025), as well as the Central American group Coderland (April 2025) and Swiss company Digiswit (September 2024). In addition, in October 2025 Izertis integrated the digital transformation business of Grupo ICA, incorporating the companies ICALIA and ICATD, headquartered in Barcelona and Madrid, respectively.

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