Inveready and private shareholders have successfully sold Conversia, a leading provider of regulatory compliance solutions in Spain, to Wilmington plc, marking a strategic expansion into the Spanish market for Wilmington.

Information on the Target

Conversia is a prominent provider of regulatory compliance solutions, offering documentation-generation software that specializes in data protection for small and medium-sized enterprises (SMEs), homeowner associations, and public administrations. Established in 2007 and headquartered in Barcelona, Conversia has developed a reputable presence in the market, serving over 90,000 clients through more than 25 delegations across Spain. The company acts as a trusted compliance partner, ensuring full regulatory adherence and protecting clients against penalties while facilitating seamless management of audits and inspections. Additionally, Conversia provides in-house training solutions to further empower its clients in navigating regulatory challenges.

Since its inception, Conversia has built a comprehensive suite of tech-enabled services, positioning itself as a leader in the regulatory compliance market. With its recent launch of Signo, a new Software as a Service (SaaS) platform, the company has achieved double-digit revenue growth, enhancing operational efficiency and scalability to meet the ever-evolving demands of its clients.

Industry Overview in Spain

The regulatory compliance landscape in Spain is characterized by a rapidly evolving framework, with increasing obligations for SMEs. As regulatory requirements continue to escalate, there is a growing need for effective digital compliance s