Announced

Nazca Capital to acquire a majority stake in IDP.

Synopsis

Nazca Capital, a private equity firm focused on investing in the Spanish mid-market, agreed to acquire a majority stake in IDP, a BIM-based engineering services provider. Financial terms were not disclosed. "Nazca’s entry into the shareholding gives a strong boost to our strategic growth plan. Partnering with a fund like Nazca will bring proven experience and a successful strategic, operational and financial vision, improving the company´s organization, processes and operations," Enric Blasco, IDP CEO.

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