Pérez-Llorca and Linklaters in the acquisition of Ayesa

Spanish private equity fund ProA Capital has signed an agreement with Ayesa, controlled by A&M Capital Europe, for the sale of Ibermática, to create a national champion in the technology consulting sector, with a combined turnover of 600 million euros. Ibermática’s other shareholders, ONCE and Kutxabank, are also selling their stakes in the company, which will become 100% controlled by Ayesa.

This is Ayesa’s third acquisition since the entry of A&M Capital Europe into its shareholding, which aims to position the Sevillian company among the leaders of the technological services sector in Spain. The transaction is still pending approval and is expected to be finalized in the coming months.

Founded in 1973, Ibermática is one of the leading technology companies in Spain, focused on the digitization of large companies and public administrations. It offers a wide range of digital services in the fields of development and maintenance of software applications and infrastructures, as well as the implementation of emerging technologies such as artificial intelligence, advanced data analysis, cybersecurity and cloud migration, among others. At the end of 2021, it had 4,750 employees and a turnover of 276 million euros.

For this transaction, Ayesa relied on Pérez-Llorca as legal counsel. The law firm acted with a team led by a corporate partner Julio Lujambio (photo on the left) and composed of corporate lawyers Jose Luis Romeu and Beatriz Sanchezbanking & financial advice Isabelle Villajob partner Isabelle Moya (middle photo) and fiscal partner Norma Pena (right picture).

For their part, Ibermática’s partners relied on EY for the preparation of due diligence reports and on Linklaters as legal counsel.

Pérez-Llorca and Linklaters in the acquisition of Ayesa

About Opal Jones

Check Also

It was an ‘honor to share all these years’ with Federer, says Nadal

MADRID, Spain, September 15 — Rafael Nadal said it was “an honor” to share “incredible …