4 June 2024 – Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments under management, has acquired Emergya Group, a fast-growing Spanish provider of digital transformation services specialised in Google Cloud technologies.
Founded in 2003, Emergya Group operates two independent divisions, Emergya and Proxya. Emergya develops cutting-edge data and artificial intelligence solutions, such as conversational AI, location intelligence, and cloud-native apps. Proxya provides software development, evolutive app maintenance, and digital workplace solutions. Emergya Group employs 680 professionals and serves clients primarily in the technology, consumer, and public administration sectors.
The acquisition of Emergya Group is expected to strengthen Ayesa’s leading position in the Spanish IT services market and expand Ayesa’s capabilities in emerging technology verticals. Following a period of significant M&A activity that included the acquisitions of Byrne Looby, M2C and Ibermática, among others, Emergya Group represents Ayesa’s sixth acquisition since AMCE’s investment in January 2022.
AMCE and Ayesa were advised by Arcano as financial advisers, Pérez-Llorca as legal and tax advisers, and Alvarez & Marsal as accounting advisers.
About Ayesa
Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with >13,000 employees in twenty countries across Europe, Latin America and Asia. It operates two separate divisions. Ayesa’s Digital Services division provides a wide-ranging portfolio of solutions spanning software implementation and maintenance services, digital transformation, cybersecurity, cloud computing, data and AI. Ayesa’s Engineering Services division provides infrastructure design and project management services in the civil and industrial engineering markets.
About A&M Capital Europe
AMCE is a London-headquartered private equity investment firm specialising in building pan-European platform companies through buy-and-build and organic growth initiatives. AMCE Fund I currently has €650 million of commitments under management, and Emergya Group represents AMCE’s twenty-first transaction. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages funds and accounts with commitments totalling ~€5.5 billion across four investment strategies. In addition, A&M Capital maintains a strategic association with Alvarez & Marsal, one of the world’s largest growth and operationally focused advisory firms. For additional information, please visit A&M Capital Europe’s website at www.a-mcapital.com.
