Mon, 08 Jun 2026 | BUSINESS SALE
Testing, inspections, certification and compliance (TICC) provider Phenna Group has struck its 13th acquisition of the year so far, with a deal for a Spanish compliance management and SaaS business.
Begalvi, which was founded in 2006 and is headquartered in Valencia, supports over 1,000 property administrators and more than 70,000 homeowners associations. The firm operates across a number of key Spanish regions, including Madrid, Andalucia, the Basque Country, Valencian Community, Catalonia, Aragon, Cantabria, Extremadura and Murcia.
The acquisition further strengthens Phenna’s Certification and Compliance offering across the EMEA region and comes in the wake of the group raising €175 million to support its ongoing M&A plans.
Ettore Pollicardo, Phenna Group EMEA divisional MD, said that Begalvi was “a recognised leader in the Spanish compliance management market, supported by a highly experienced management team, strong customer relationships, and innovative, technology-led solutions.”
Pollicardo continued: "This acquisition represents an important strategic step in expanding our Certification and Compliance capabilities across Southern Europe and further strengthens our presence within highly regulated and fragmented markets with strong long-term growth potential."
Pablo Bellver, Chief Executive and co-founder of Begalvi, said that the deal would begin the next stage of growth for the firm and that, from their early discussions with Phenna Group, “it was clear there was strong alignment in culture, ambition, and long-term vision” between the two companies.
He continued: "Phenna's international reach, sector expertise and supportive approach will help us continue to grow our services, invest in innovation and deliver even greater value to our customers across Spain."
Phenna Group CEO Phil Marshall (pictured above) also mentioned the alignment between the two companies on culture, ambition and their long-term vision, while also noting “a shared commitment to delivering high-quality compliance solutions for customers.”
Marshall continued: “Begalvi has built an impressive reputation across Spain through its innovative approach, strong customer relationships and technology capabilities.”
"We look forward to working closely with Pablo and the wider team as we continue to expand our Certification and Compliance presence across Europe and support the next stage of Begalvi's growth journey."
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