Announced

A&M Capital-backed Ayesa to acquire Ibermática from ProA Capital.

Synopsis

A&M Capital-backed Ayesa, a provider of information technology consulting services, agreed to acquire Ibermática, a provider of information and communication technology services, from ProA Capital, a venture capital firm. Financial terms were not disclosed. "The geographical location and service offering of the two companies are highly complementary. Our major clients will be able to entrust us with their important digital transformation projects, as we will naturally extend our technological capabilities and services. Combining our management teams positions us as a leading group in terms of talent and leadership within the technology sector in Spain and abroad," José Luis Manzanares Abásolo, Ayesa CEO.

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