Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London based middle-market private equity firm managing €650 million of equity capital, has acquired ByrneLooby, an international engineering consulting firm with a presence in the UK, Ireland and the Middle East.
Founded in 1998, ByrneLooby provides civil engineering design services across a number of specialist sectors including marine and coastal, buildings, transportation, energy, environment, water and waste management. ByrneLooby employs over 225 professionals and generates €24 million of annual revenues.
The acquisition of ByrneLooby represents a key milestone in Ayesa’s plans to expand its Engineering division into English-speaking markets, where major infrastructure plans are in place. On January 20, 2022, AMCE acquired a majority stake in Ayesa with a defined growth roadmap which targets doubling revenues to over €500 million within five years.
AMCE and Ayesa were advised by JB Capital as financial advisers, Roland Berger as commercial advisers and Weil, Gotshal & Manges as legal advisers.
About Ayesa
Headquartered in Spain, Ayesa is a leading international provider of IT and engineering services with
~5,400 employees in 17 countries across Europe, Latin America and Asia operating two divisions. The IT Services division provides software implementation and maintenance services, digital transformation solutions and business process outsourcing. The Engineering Services division provides infrastructure project management and design services in the civil and industrial engineering markets.
About A&M Capital Europe
AMCE is a pan-European, London-headquartered, middle-market private equity firm specialising in providing strategic and operational support to growing European businesses. AMCE Fund I currently manages €650 million of committed capital and ByrneLooby represents AMCE’s seventh transaction. AMCE is part of A&M Capital, the global mid-market private equity firm managing in excess of €3.5 billion of capital. AMCE has an association with Alvarez & Marsal that enables AMCE to access the world class operational expertise of Alvarez & Marsal’s ~5,700 consultants across Alvarez & Marsal’s 25 European offces and 69 offces globally.
