European investment firm Alantra is evaluating a potential divestment of its stake in Salto Systems, a mid-sized technology provider based in Spain, alongside other undisclosed investors. The move follows internal reviews on capital allocation and strategic positioning across portfolio assets.
- Alantra is considering selling its 18% stake in Salto Systems worth ~€65 million
- Salto Systems generated €42 million in revenue in 2024 with a 23% EBITDA margin
- International operations grew 11% year-over-year in 2024
- Potential buyers include Nordic and German institutional investors
- Transaction remains preliminary and subject to due diligence
- Market reaction may affect sentiment toward mid-market European tech investments
Alantra has initiated discussions with a group of potential buyers regarding a possible sale of its equity position in Salto Systems, according to sources familiar with the matter. The stake under review represents approximately 18% of Salto Systems’ outstanding shares, valued at roughly €65 million based on recent valuation benchmarks. This transaction remains preliminary and is subject to due diligence and market conditions. Salto Systems, which specializes in digital identity and secure authentication solutions for public and private sector clients, reported revenue of €42 million in 2024 and maintained a consistent EBITDA margin of 23%. The company has expanded into Latin American markets over the past two years, contributing to an 11% year-over-year growth in international operations. Its current valuation places it among the top-tier mid-cap tech firms in Southern Europe. The proposed sale could signal a broader shift in private equity strategies focused on asset monetization ahead of anticipated regulatory changes in cross-border data governance. If completed, the transaction would likely involve a consortium of institutional investors, including Nordic and German-based funds with interest in cybersecurity infrastructure. No formal agreement has been reached, and negotiations remain open. Market participants are monitoring the development closely, as any major exit from Salto could influence investor confidence in the European mid-market tech sector. The outcome may also impact future fundraising rounds for similar companies seeking expansion capital amid tightening liquidity conditions.