Four eighty, a company established in Spaitec, has closed the acquisition of two leading technology companies, Asintec y Sophisticated, accompanied by a round of financing with the entry of new partners, in compliance with its strategic plan after a year of work. An inorganic growth that means increasing its turnover to 5 million euros, Ebitda to 1 million and staff to 80 people. The objective is to complete its preparation to go on the Alternative Stock Market (MAB).

The Castellón company, founded by former students of the Universitat Jaume I Sergio Aguado and Alfredo Cebrián, thus continues in the line of their particular unstoppable growth in the technological development sector.

With the integration of both firms, Cuatroochenta takes a qualitative leap, entering strategic sectors and reinforcing its positioning as a technology company 100% oriented towards business optimization, with the capacity to provide consulting, advanced software development and implementation. Starting from its origins as an app developer, it now becomes a top-level technological partner to undertake digital transformation with the most powerful cloud management and cybersecurity solutions, an omnichannel service that adapts to the needs of each client and the focus always focused on results.

 

Preparation for IPO

The technology consulting firm thus faces its IPO, after three years of preparation in the Pre-Market Environment program, promoted by Spanish Stock Exchanges and Markets (BME) and the Big Ban Angels association to facilitate access to private investment for emerging companies. , meeting the same standards of accountability and transparency as when it accesses the MAB, expectedly in 2020.

In addition, the founders of the two acquired firms, Javier Casero (Asintec) and Ángel López (Sofistic), also become partners of Cuatroochenta and will continue to head the different business units and their corresponding teams. The founders, Alfredo R. Cebrián (CEO) and Sergio Aguado (CTO), remain as majority shareholders at the head of Cuatroochenta, with Vicente Montesinos as president of the board of directors, established this same year after the conversion to SA.

 

New Cuatroochenta headquarters in Castelló (Spain)

In the same way, the offices will be maintained with their Asintec teams in Burgos and Sofistic in Panama City, Bogotá (Colombia), Santiago de Chile and Santo Domingo (Dominican Republic). Thus, Cuatroochenta will delve deeper into the challenge of operational excellence through internationalization, based on the talent of its young multidisciplinary team, with offices with its own staff in Milan, Madrid and Barcelona, ​​in addition to the company's headquarters in the park. technology from the Universitat Jaume I, Espaitec, in Castelló (Spain), whose offices have been recently remodeled.

Four eighty, company established in Spaitec, has also acquired two leading technological companies, Asintec i Sophisticated, accompanied by a round of financing with the entry of our partners, in complement to the strategic plan after a year of work. An inorganic growth that meant increasing the final turnover to 5 million euros, the Ebitda to 1 million and the workforce to 80 people. The objective is to finalize the previous preparation in order to go to the Mercat Alternatiu Borsari (MAB).

The Castellón company, founded by the former students of the Universitat Jaume I Sergio Aguado and Alfredo Cebrián, continues in this way in the line of its particular unstoppable growth in the sector of technological development.

With the integration of all its signatures, Cuatroochenta makes a qualitative leap, entering strategic sectors and reinforcing its position as a technological company 100% oriented towards business optimization, with the ability to provide consulting, advanced programming development and implementation. Starting from its origins as an app developer, it has become a top-level technology partner to achieve digital transformation with the most powerful cloud solutions for management and cyber security, an omnichannel service that adapts to the needs of each client and the focus is always on the results.

Preparation for the eixida a bossa

The technology consultancy now faces the challenge of bossa, after three years of preparation in the Entorn Pre-Mercat program, promoted by Borses i Mercats Espanyols (BME) and the Big Ban Angels association to facilitate access to emerging companies to private investment, complint the standard materials of performance of comptes and transparency that when accessing the MAB, foreseeably in 2020.

Furthermore, the founders of the two acquired firms, Javier Casero (Asintec) and Ángel López (Sofistic), have also become partners of Cuatroochenta and will continue to lead the different business units and their corresponding teams. The founders, Alfredo R. Cebrián (CEO) and Sergio Aguado (CTO), are held as major shareholders by the captain of Cuatroochenta, along with Vicente Montesinos as president of the administrative council, who constituted both of them after the conversion to SA .

New Cuatroochenta headquarters in Castelló

In this way, the offices will be maintained by the Asintec a Burgos i Sofistic teams in Ciutat de Panama, Bogotà (Colòmbia), Santiago de Xile and Santo Domingo (Dominican Republic). Així, Cuatroochenta will delve into the path of operational excellence through internationalization, based on the talent of its young multidisciplinary team, both offices and its own staff in Milà, Madrid and Barcelona, ​​in addition to the headquarters from the company to the technology park of the Universitat Jaume I, Espaitec, to Castelló (Spain), the offices of which have continued to be remodeled recently.

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