Stirling Square Capital Partners has acquired Gestión Tributaria Territorial
July 2023 — Stirling Square Capital Partners has acquired Gestión Tributaria Territorial, S.A.U. (GTT) from AnaCap Financial Partners.
Stirling Square Capital Partners is a pan-European mid-market private equity firm with more than 50 professionals. Founded in 2002, Stirling Square has over US$3,000 million AUM in private equity strategies. The entry into the capital of GTT will be the second investment in Spain following that of SAS (a leading developer and producer of bio-stimulants, soil and water improvers, defense activators and specialty plant nutrition solutions for the agricultural sector in Spain).
Headquartered in Alicante, Spain, GTT is a leading provider of software driving the management of tax collection and electronic administration for national, regional and local public administrations. Founded in 1998, GTT has a 25-year track record building proprietary software that seeks to modernize public administration processes through technological innovation and digital transformation, providing them with leading technological, organizational and management support solutions tailored to their specific requirements. The market leader in Spain, GTT also serves international development organizations in Latin America and has approximately 4,500 customers globally.
AnaCap Financial Partners is a fund manager specializing in the financial services sector. Founded in 2005, AnaCap has over US$5,00 million AUM in vehicles with both private equity and credit strategies, as well as through co-investment funds. The firm has 40 professionals.
Our role in the transaction
Oaklins’ team in Spain advised Stirling Square on all aspects of the execution, negotiation and closing of the transaction.
Enrico Biale
Partner, Stirling Square Capital Partners
Talk to the deal team
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreCibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn more