- The private equity fund manager has acquired the company from Hytera Communications.
- Now fully Spanish-owned, the company will maintain its organizational structure, and Teltronic’s management team will continue to lead the project.
Zaragoza, 21 de julio de 2025
Nazca Capital – a private equity fund manager focused on investing in unlisted medium-sized Spanish companies – has signed an agreement with Hytera Communications to acquire 100% of the capital of Teltronic, a Spanish technology company with 50 years of experience in the design and operation of private mission-critical communication systems.
Founded in 1974 in Zaragoza (Spain), Teltronic is one of the world’s leading companies in the design, manufacturing, and deployment of mission-critical communication equipment and systems. It provides high-security, high-availability solutions for key market segments such as public safety, mass passenger transport, and critical infrastructure. Teltronic has its own technological capabilities to develop customized products and solutions based on TETRA, LTE, 5G, and 3GPP MCX applications.
Now under 100% Spanish ownership, the company will maintain its organizational structure, and Teltronic’s management team will continue to lead the project, ensuring continuity in its operations and business strategy. The new shareholder has expressed strong confidence in the company’s business model, the experience of its team, and its management capabilities.
Teltronic has production facilities at its headquarters in Zaragoza, dedicated to manufacturing its own equipment. With nearly one-third of its workforce dedicated to R&D, the company has maintained a strong and determined commitment to innovation since its inception—a strategic strength that has enabled it to deploy more than 5,000 projects in over 60 countries worldwide
“The backing of Nazca Capital reinforces the validity of our strategic plan, supports our ongoing innovation strategy, and will accelerate our growth,” said Juan Ferro, CEO of Teltronic, who emphasized that “this is a continuity operation that strengthens our business project without altering our identity or values.”
This move will allow Teltronic to boost its current research and development lines, which—at a time of technological paradigm shift in the sector—focus on integrating broadband solutions and applications such as Artificial Intelligence, IoT, big data, and cybersecurity into mission-critical environments. The company is also advancing its FRMCS (Future Railway Mobile Communication System) solution, which will further strengthen its leadership in the railway transport market.
Carlos Carbó, president of Nazca, stated: “This investment strengthens European technological capabilities in the management of mission-critical communications.”
ABOUT NAZCA CAPITAL
Nazca is a private equity management firm specializing in investments in unlisted Spanish family-owned companies. With 25 years of experience, it has executed over 100 transactions.
