The technology consultancy drives its expansion with the acquisition of Vanture ESS, consolidating its position in the IT sector
Knowmad Mood (formerly AT Sistemas), a leading company in digital transformation, has announced the acquisition of Vanture ESS, a consultancy specialized in enterprise management solutions with over 15 years of experience in the industry. With this move, Knowmad Mood expands its portfolio of SAP and Odoo services, strengthening its market positioning and opening up new business opportunities.
The integration of Vanture ESS, which has 150 professionals and is based in Barcelona, will enable Knowmad Mood to expand its presence in key sectors such as hospitality, public administration, distribution, and media. Additionally, it will enhance its capacity to offer advanced solutions in SAP S/4HANA through S4BOOST, an innovative methodology that incorporates predictive artificial intelligence.
“The incorporation of Vanture ESS into the Knowmad Mood group is a great opportunity for our clients, who will have an even stronger technology partner in SAP and Odoo solutions. It also represents a significant boost for our growth strategy, solidifying us as one of the leading players in the IT sector in Spain,” said José Manuel Rufino, President and CEO of Knowmad Mood.
A strategic acquisition in Knowmad Mood’s expansion plan
This acquisition is part of the ambitious growth plan of Knowmad Mood, which in recent years has added several strategic consultancies to its ecosystem, including New Verve Consulting (2022), Incipy (2023), INTERWOR (2024), ASERVO Software (2024), and Grupo Antea (2024).
According to preliminary figures for 2024, Vanture ESS has achieved 12.2 million euros in revenue with an EBITDA exceeding 10%. Knowmad Mood, on the other hand, closed the fiscal year with 210 million euros in revenue, a 25% increase compared to 2023, and a normalized EBITDA of 15 million euros (+45%), solidifying its position as a key player in the sector.
“This alliance with Knowmad Mood will allow Vanture ESS to strengthen its positioning and adapt to the challenges of the digitalization and enterprise management market in the coming decade,” said Joan de la Encarnación, General Director of Vanture ESS.
Details of the operation and future prospects
The agreement involves the acquisition of 100% of the shares of Vanture ESS for an amount of 7 million euros, with the possibility of an additional incentive if the company meets the established growth targets for 2025 and 2026.
In addition to national growth, Knowmad Mood has doubled its international revenue in 2024 (+104%), which now represents more than 12% of its total revenue. This acquisition reinforces its expansion strategy and its ability to efficiently integrate new companies, consolidating itself as a key strategic partner in the IT ecosystem.
With this acquisition, Knowmad Mood continues to advance its goal of providing cutting-edge technology services and enhancing its leadership in digital transformation solutions for businesses across all sectors.