Evolve Holdings acquires Spain’s Secret Source to expand in Europe
LEICESTER, UNITED KINGDOM — Evolve Holdings Limited, a UK-based technology and innovation group, has acquired Secret Source Technology S.L., a Spanish software development company.
While financial terms of the deal were not disclosed, the move aims to strengthen Evolve Holdings’ European footprint and expand its software delivery capabilities.
Scaling for growth across Europe
The acquisition allows Evolve to accelerate its service delivery, boost its development capacity, and maintain a strong focus on client service and strategic consultancy. Both companies will collaborate closely to ensure a smooth transition and continued support for clients.
Evolve Holdings was established in 2018 as the parent company of Evolve IT Consulting and Evolve Dev. It provides digital solutions, IT consultancy, and software development services across various industries, with a strong presence in the UK.
The acquisition of Secret Source aligns with the group’s goal to deliver flexible, high-quality development services across the UK, Europe, and beyond.
“This acquisition is about more than expanding operations — it’s about aligning with a team that shares our values of quality, transparency, and innovation,” said Colette Wyatt, CEO of Evolve Holdings.
“Secret Source has built an impressive culture and capability in Spain, and together we’re now positioned to deliver even greater value to our clients.”
Secret Source brings nearshore expertise
Based in Las Palmas de Gran Canaria, Secret Source Technology S.L. specializes in nearshore software development, serving UK and European clients with collaborative, culturally aligned technical solutions. The firm has built a strong reputation for its skilled teams and people-centric culture.
“We’re incredibly excited to be joining forces with the Evolved Group,” said Richard Clarke, Founder of Secret Source.
“From the beginning, it was clear that we shared the same values—especially our belief in placing people and [well-being] at the [center] of great software development.”
The Spanish team will continue operating from its current location, with plans to expand local operations under Evolve’s leadership.
