Announced
Completed
Financials
Sources
Tags
Private
consulting firm
Acquisition
Domestic
Majority
Management Consulting
Spain
Completed
Friendly
Single Bidder
Synopsis
Ayesa, an international provider of IT and engineering services, completed the acquisition of M2C, a consulting firm based in Madrid, Spain. Financial terms were not disclosed. "The addition of M2C to the Ayesa group will generate significant synergies in both directions. Ayesa has a strong position in utilities and the public sector, highly complementary to M2C’s functional expertise, and a global network of offices in 20 countries. M2C allows us to continue supporting our clients on their digital transformation journey by increasing our capabilities in data management technology’. He also noted how ‘M2C will now be in ideally positioned to take on even bigger projects across the globe," José Luis Manzanares, Ayesa CEO.
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