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Qualco acquires 60% of Lever Development Consultants
Qualco Group has purchased a majority 60% stake in Greek consulting firm Lever Development Consultants for an initial €3 million, with a possible additional earn‑out of up to €0.5 million tied to performance targets. Lever, founded in 2011, is a leading provider of digital‑transformation and development consulting to public and private organisations across Greece and the EU. The Lever founders will retain a minority shareholding and continue to run the company, ensuring continuity for clients. The acquisition is described by Qualco as a key element of its growth strategy, broadening its footprint in the European technology market, accessing new smart‑city and resilience projects funded by roughly €5 billion of EU resources, and expanding the use of Qualco’s requirement‑management platforms. Qualco’s executive president Orestes Tsaka said, “Lever is exactly the kind of company we are looking for: a distinguished market leader built on trusted relationships where Qualco’s technology can generate significant synergies.” The group reported 2025 revenues of €216 million, EBITDA €43 million and a 20 % margin, underscoring its financial capacity for the deal.
Entities
Lever Development Consultants · Orestes Tsaka · Qualco Group
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 5 SOURCES] Lever Development Consultants was founded in 2011. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [● 5 SOURCES] The acquisition supports Qualco’s strategy to expand digital‑transformation services and compete for EU smart‑city projects worth about €5 billion. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [● 5 SOURCES] Lever founders remain minority shareholders and continue to lead the company. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [● 5 SOURCES] EU funding for smart‑city and resilience projects totals €5 billion. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [○ 1 SOURCE] Qualco executive president Orestes Tsaka said Lever is exactly the type of company they seek. www.businessdaily.gr
- [● 5 SOURCES] Qualco acquired a 60% stake in Lever Development Consultants. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [● 5 SOURCES] The purchase price was €3 million plus an earn‑out up to €0.5 million. www.reporter.gr · bankwars.gr · www.businessdaily.gr · www.lykavitos.gr
- [○ 1 SOURCE] Qualco reported 2025 revenue of €216 million, EBITDA €43 million and a 20 % margin. www.businessdaily.gr