October 2026
Largest IT Consulting Public Companies in Spain
Benchmark revenue and EBITDA valuation multiples for public comps like
Indra Sistemas, Altia Consultores, Global Dominion Access, Izertis and Knowmad Mood.
 | Indra Sistemas is a Spanish technology and engineering group headquartered in Alcobendas. It develops digital systems, defence electronics, air-traffic management, mobility platforms, cybersecurity services and information technology for complex organisations. Customers include governments, armed forces, transport operators, financial institutions, utilities and large industrial companies. The group designs proprietary products, integrates hardware and software, and delivers long-term managed services. Revenue comes from equipment, software, engineering projects, consulting, maintenance and outsourcing contracts. Indra operates internationally through specialised business units serving regulated and mission-critical markets. Its innovation activity includes internal research, partnerships and strategic minority investments in adjacent technologies. | $69 | +25% | $12B | $12B | 1.9x | 17.4x | ||
| Altia Consultores SA is engaged in providing consultancy and ICT services in Spain. It consulting services includes study, report, strategic plan preparation, streamlining processes, security, develops computer application and outsourcing services. | $7 | -11% | $454M | $436M | 1.2x | 12.2x | ||
| Global Dominion Access SA provides multi-technical services and engineering solutions. The company provides its services and solutions to telecom, banking, education, and the healthcare industry. Its business activity is functioned through three segments namely 360 Projects, Sustainable Services and Stake in infrastructure segments. The group derives the majority of revenue from 360 Projects which involves Engineering and construction of social, industrial and energy transition infrastructures. The company geographically operates in Spain, The rest of Europe and Africa, America and Asia and Oceania. | $3 | -20% | $442M | $626M | 0.5x | 4.3x | ||
| Izertis is a Spanish technology consultancy founded in 1996 and headquartered in Gijón. It designs and operates digital-transformation programs for large businesses and public-sector organizations in Spain and international markets. Its services cover software engineering, cloud infrastructure, cybersecurity, data and artificial intelligence, enterprise applications, business consulting and outsourced technology operations. The company earns project, managed-service and recurring support revenue from customers across sectors such as government, financial services, industry, energy and telecommunications. Izertis has expanded through a sustained acquisition program that added specialist teams and established operating companies in Spain, Europe and the Americas. Its purchases of firms including ANZEN Engineering, ICALIA, Coderland, Digiswit and Projecting broadened both technical capabilities and geographic delivery capacity. Inveready backed the company during this acquisition-led phase of development. | $8 | -27% | $288M | $318M | 1.8x | 12.4x | ||
| Knowmad Mood is an IT service and software development company. It offers innovative solutions, accompanies more than 5oo clients in its digital transformation and works on international projects. | $4 | -16% | $213M | $213M | 0.9x | 12.6x | ||
| Singular People SA is a software company. The company provides solutions to various industries including Energy & Utilities, Financial Services, Healthcare, Manufacturing, Retail, Museums, and Public services. | $2 | -29% | $116M | $137M | 1.0x | 9.4x | ||
| Soluciones Cuatroochenta SA is a technology company developing and implementing digital cloud solutions to meet the challenges and objectives of its clients located in Europe and Latin America. The company, which started as an app development company, has become a solvent technological partner undertaking digital transformations with the powerful management and cybersecurity solutions. This omnichannel service can be tailored to the needs of each organization in order to improve their performance. Its main business models are the development of ad hoc apps for third parties, its own products such as Sefici (process optimization with app and web technology) and 480interactive (software to create apps without programming knowledge), revenue agreements share and participated projects. | $19 | -5% | $52M | $62M | 1.5x | 10.9x | ||
| Tree Technology SA is a technology company engaged in the design, development, and implementation of technological solutions that facilitate the digital transformation of companies and institutions, utilizing agile methodologies and emerging technologies. The company's business lines include: AI & Cybersecurity, eHealth, IT Services, and R&D focused on disruptive technologies. The majority of revenue is derived from the AI & Cybersecurity segment, which specializes in artificial intelligence, covering everything from analytics, machine learning and deep learning, and natural language processing (NLP) to computer vision. Geographically, the company's maximum revenue is derived from Spain. | $3 | -- | $16M | $17M | - | - | ||
| Revenga Ingenieros SA is a company engaged in the development of comprehensive solutions for telecommunications, information technologies, electronic security and railway systems. The technologies that support the company's activity are grouped into four parts such as Railway systems includes point heaters, level crossing protection, train monitoring systems, etc, Telecommunications networks includes implementing all types of telecommunications networks, both passive elements and equipment (SDH, DWDM, MPLS, WIFI/WIMAX, LTE, etc.). Information technologies provides voice, data and video solutions and Electronic security involves access management and detection through RFID, video surveillance, video analysis, biometrics, vehicle identification, detector systems, etc. | $1 | +4% | $10M | $9M | 0.2x | 4.1x | ||
| Redegal is a Spanish digital consultancy founded in 2004 and listed on BME Growth. It combines ecommerce development, software engineering, online advertising, search optimization, content and digital analytics. The company builds websites and applications while also managing customer-acquisition campaigns for brands and retailers. Its Binnacle Data product gives clients a structured view of marketing and commerce performance. Customers can buy individual projects or retain Redegal for continuing technology and marketing services. Revenue therefore comes from consulting, development, managed campaigns and software-related work. Redegal raised EUR 3.8 million in January 2025, with Axon Partners subscribing EUR 2.5 million according to the market documentation. | $1 | -- | $2M | $4M | 0.2x | 86.3x | ||
| Median | $4 | -13% | $165M | $175M | 1.0x | 12.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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