Digital certification: Namirial acquires the Spanish company ZeroComa

Namirial, one of Europe’s leading providers of digital transaction certification operating in regulated markets, has announced the acquisition of the Spanish company ZeroComa. The deal strengthens the Italia group’s presence in the Iberian market, where legislation is being introduced that requires the digitisation of tax compliance procedures and the introduction of mandatory electronic invoicing.

Founded in Madrid by Andrés Allende and Maria Losada, ZeroComa specialises in software for managing electronic notifications from public authorities, digital invoicing and tax communications. Its platforms serve over 650 clients. The two current managing directors, Álvaro and Alejandro Allende, will remain at the helm of the company and will acquire a stake in Namirial. The value of the acquisition has not been disclosed. The Spanish press reports that ZeroComa’s turnover is estimated to be between 4 and 5 million euros.

Namirial develops technologies that ensure digital transactions are secure and legally valid: from remote identification of individuals to electronic signatures, from the certification of communications to document archiving and electronic invoicing. These services are used in particular by banks, insurance companies, professionals and public authorities to digitise processes that require guarantees regarding the identity of those involved, the integrity of documents and compliance with regulations.

The group has been led by Chief Executive Massimiliano Pellegrini since 2020, when it had a turnover of around 50 million. In 2025, it recorded a turnover of 270 million euros and aims to exceed 300 million in 2026; it employs over 1,400 people and operates in more than 90 countries. Also in 2025, the majority stake was transferred from the Ambienta fund to Bain Capital, at an estimated valuation of 1.1 billion euros – an eight-fold increase compared with 2020 (see *Il Sole 24 Ore* of 26 March 2025). “We have a comprehensive platform covering technologies, standards and products, and we aim to be the leader in Europe: given the complexity of the various national markets, clients operating in many countries prefer an integrated certification provider,” says Pellegrini.

Italian legislation opened up the market to certification technologies before the rest of Europe. And now that regulations are converging, Italians have a competitive advantage, so much so that two Italian companies feature among the top three in the sector: Namirial and Tinexta’s Digital Trust business unit, which generated a turnover of around 220 million in 2025.