Cegid announced the acquisition of Microdata strengthening its offering for Spanish SMEs to comply with confidence and effortless to the upcoming e-invoicing requirements

Founded over 30 years ago, Microdata has been dedicated to developing software solutions that optimize management for SMEs and accounting firms. With more than 2,000 clients and a revenue of €2.7 million in 2023. Microdata is a key player in Andalusia, headquartered in Almeria. It employs a team of 40 and operates primarily through a direct business model, offering modular and scalable software solutions for Tax, Labor, and Management.

“We are excited to announce this agreement. Integrating Microdata enables us to expand our solutions tailored to Verifactu and Electronic Invoicing, providing a seamless and confident experience for our SME customers and those yet to adopt software solutions. Additionally, we are enhancing our Cegid portfolio with a competitive digital signature solution,” explained Javier Torres, Cegid’s General Manager for the Iberian Peninsula, Latin America and Africa. ‘’I am from Almeria and I know how dynamic this region is and how much Andalusian customers appreciate both proximity and innovation. This acquisition also reinforces our leadership as a provider of cloud management solutions. In Iberia, we have a team of 1,440 employees, over 800 partners and 112,000 customers, including 7,000 accounting firms serving more than 300,000 businesses and self-employed workers with our software. Our goal is to continue to grow and offer useful and innovative solutions in this market.”

Manuel Sánchez Torrecillas, Managing Director of Microdata, added: “This is the perfect time for Microdata to join Cegid. This union gives us a unique opportunity to grow, strengthen and ensure the best future for our customers and our team. With more resources and development capacity, we will be better prepared to adapt to a constantly changing environment, seizing new opportunities, and adding greater commitment to continue to provide our clients with exceptional service.”

Manuel Sánchez Torrecillas and his management team will report to Cegid’s CPA & SMBs team in Spain, led by Fermín Lozano Egea. With this acquisition, Cegid consolidated its position as a leading provider of cloud-based business management solutions in the Iberian Peninsula. From now on, the solutions will be called Cegid Microdata.