Buyout Desk
Platform

Aicox and Senda Investment Partners acquire Atika Technologies

Atika Technologies, a Spanish specialist in private 5G networks and connectivity solutions, joins Aicox and Senda in a new military communications group.

Aicox and Senda Investment Partners have closed the acquisition of Atika Technologies, a company specialized in private 5G networks and connectivity solutions. The transaction amount was not disclosed. The deal is part of both firms' strategy to build a Spanish industrial group focused on military communications, electronic warfare and advanced technologies.

The new industrial platform is valued at about €400 million, with promoters estimating combined revenue of €110 million and EBITDA above €30 million. Senda Investment Partners, led by Víctor García and Javier Olascoaga, will invest up to €300 million in Aicox, a company owned by the Laborda family, to support its industrial and technology expansion, including two new plants in the Madrid region due to start from 2027. Atika's main shareholders are Rafael Argudo García de Lago and Guillermo Cervera de la Hera, and the company maintains a technology alliance with Telefónica.

Deal facts

Target
Atika Technologies
Business
Spanish company specializing in private 5G networks and connectivity solutions
Buyer
Aicox
Seller
Rafael Argudo García de Lago and Guillermo Cervera de la Hera (main shareholders)
Deal type
Platform
Advisers
  • Cabal Capital financial adviser and coordinated structuring of the transaction to Atika Technologies
  • Bores y Cía Abogados legal and institutional adviser
  • Garrigues legal and institutional adviser
  • Pérez-Llorca legal and institutional adviser
  • KPMG financial review and due diligence
  • PwC financial review and due diligence
Status
Completed
Announced
Tuesday, November 3, 2026

Sources

Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.