A&M Capital Europe (AMCE), a London-based middle-market private equity firm managing EUR650 million of equity capital, has acquired a majority stake in Ayesa, an international provider of technology and engineering services.
Headquartered in Seville, Ayesa has 5,400 employees in 17 countries across Europe, Latin America, Asia and the Middle East.
The company generated record sales of EUR256 million in 2020. Through a combination of European market consolidation within digital services and continued expansion of the firm’s engineering division, Ayesa plans to double its turnover to over EUR500 million over the next five years. The delivery of the company’s growth plans will be led by current CEO, José Luis Manzanares Abásolo, with the support of his global management team, in close partnership with AMCE.
This partnership with AMCE will enable Ayesa to consolidate its positioning as a provider of digital services and to reach its full potential in emerging technologies such as artificial intelligence, big data, data analytics, cybersecurity and cloud computing, amongst others. It will also accelerate the growth of its engineering business, which is recognised internationally for its leadership in areas such as urban transport and water supply, as well as its geographical diversification strategy.
