Deal Announcements
October 16, 2026
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October 16, 2026

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L40 acted as an exclusive advisor for buy-side M&A in the acquisition of OnePcsNet by Aelis.

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L40° acted as buy-side M&A advisor to Aelis on its acquisition of OnePcsNet, a Spanish ERP and CRM software implementation specialist and Sage Platinum Partner.

Aelis, a Spanish technology services company and Sage Platinum Partner, is pursuing a buy-and-build strategy to expand its presence in Spain through the acquisition of specialized Sage and Microsoft technology partners. The acquisition strengthens its position in the Spanish business software services market, bringing together two established companies with extensive experience in Sage implementation, consulting, and technical support.

Financial terms of the transaction were not disclosed.

Transaction at a glance

About the transaction: Aelis acquires OnePcsNet

Aelis is a Spanish technology services company and Sage Platinum Partner specializing in ERP implementation, software integration, consulting, and business digitalization. With more than 25 years of experience and over 3,500 customers, Aelis serves businesses across a broad range of industries throughout Spain.

OnePcsNet is an established provider of enterprise software solutions, specializing in ERP and CRM implementation, customization, and support. Also a Sage Platinum Partner, the company has more than 30 years of experience and serves over 500 customers across industries including manufacturing, automotive, trade, and distribution.

Its offering includes Sage 200 Advanced and Sage CRM, helping businesses manage core operations such as finance, accounting, sales, inventory, and customer relationships. The acquisition brings additional sector expertise and software implementation capabilities to Aelis as it continues to expand within Spain's ERP and business software services ecosystem.

Aelis' buy-and-build strategy in Spain

A buy-and-build strategy is an acquisition-led growth model in which a platform company acquires several smaller businesses to add capabilities, customers, and geographic coverage. It is closely related to the roll-up models reshaping software M&A.

The OnePcsNet deal is part of Aelis' broader plan to expand through the acquisition of specialized Sage and Microsoft partners across Spain. L40° serves as Aelis' buy-side M&A advisor for this strategy, supporting the identification and evaluation of potential targets, negotiations, and transaction execution through closing.

L40°'s role as buy-side M&A advisor to Aelis

L40° advised Aelis on the acquisition of OnePcsNet, providing financial and strategic M&A advisory support throughout the transaction process.

L40° buy-side advisory covers the full acquisition cycle:

The transaction highlights L40°'s experience in technology M&A and its role in supporting corporate acquirers pursuing acquisition-led growth strategies in the software and technology services sectors.

About L40°

L40° is an M&A advisory firm with offices in Miami, Madrid, and Lisbon. With a focus on software, SaaS, AI, and technology-driven businesses, L40° advises buyers and sellers on domestic and cross-border M&A transactions across Europe, the United States, and Latin America. Its sell-side M&A advisory practice supports founders through exits, and its buy-side practice supports acquirers like Aelis.

Considering a buy-side or sell-side process? Contact us to discuss your acquisition or exit.

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Frequently Asked Questions

Who acquired OnePcsNet?

Aelis, a Spanish technology services company and Sage Platinum Partner, acquired OnePcsNet, a Spanish ERP and CRM software implementation specialist. The acquisition supports Aelis' buy-and-build strategy in Spain's business software services market.

Who advised Aelis on the acquisition of OnePcsNet?

L40° acted as buy-side M&A advisor to Aelis on the acquisition of OnePcsNet, providing financial and strategic M&A advisory support throughout the transaction process.

What does OnePcsNet do?

OnePcsNet is a Spanish Sage Platinum Partner specializing in ERP and CRM software implementation, customization, consulting, and technical support. Its offering includes Sage 200 Advanced and Sage CRM, and it serves more than 500 customers in industries such as manufacturing, automotive, trade, and distribution.

What was the value of the Aelis and OnePcsNet transaction?

Financial terms of the transaction were not disclosed.

Why is Aelis acquiring Sage and Microsoft partners in Spain?

Aelis is pursuing an acquisition-led growth strategy built around specialized Sage and Microsoft technology partners in Spain. The strategy aims to broaden its technical capabilities, expand its geographic coverage, and strengthen its position in the Spanish business software services market.

What is a buy-and-build strategy in software and IT services?

A buy-and-build strategy is an acquisition-led growth model in which a platform company acquires several smaller businesses to add capabilities, customers, and geographic coverage. In ERP implementation and IT services, the targets are typically specialized partners that deploy, customize, integrate, and support software from leading vendors.

How does L40° support buy-and-build M&A strategies?

L40° provides buy-side M&A advisory to technology companies pursuing acquisitions. Its scope covers target identification and screening, financial and strategic assessment, valuation, transaction structuring, negotiation support, due diligence coordination, and execution through closing. L40° advises buyers and sellers across Europe, the United States, and Latin America.

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About the author
Andrea Balletbó
Andrea Balletbó
Head of Growth and Partnerships
Leads Growth and Partnerships at L40°, a cross-border M&A advisory firm specializing in sell-side mandates for software and technology companies. She has spent her career at the intersection of startups, platforms, and capital, from co-founding a SaaS company to building strategic partnerships at a top-tier tech company in the Bay Area. As part of the founding team behind Boopos, which exited in 2025, she went on to help establish L40°, where she now works closely with founders navigating exits, acquisitions, and cross-border expansion.
Disclaimer: The content published on L40° Insights is for informational purposes only and does not constitute financial, legal, or investment advice. Insights reflect market experience and strategic analysis but are general in nature. Each business is different, and valuations, deal dynamics, and outcomes can vary significantly based on company-specific factors and market conditions. For guidance tailored to your circumstances, reach out to L40 advisors for professional support.

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With offices in Miami, Lisbon and Madrid, L40° bridges global markets to deliver impactful results. Our expertise and international reach ensure every transaction is handled with the highest level of professionalism and care.

CONTACT US

Where You Can
Find Us

With offices in Miami, Lisbon and Madrid, L40° bridges global markets to deliver impactful results. Our expertise and international reach ensure every transaction is handled with the highest level of professionalism and care.

CONTACT US