27 February 2025 – The Engineering division of Ayesa, a portfolio company of A&M Capital Europe (“AMCE”), a London-based private equity firm with €650 million of commitments, has acquired ADP Consulting, a leading Australian engineering consultancy headquartered in Melbourne.
Founded in 2011, ADP Consulting provides mechanical and electrical engineering consulting services and specialist engineering services such as acoustics, audiovisual, and fire engineering for buildings. The company’s key subsectors include commercial, workplace, education, aviation, and healthcare. ADP Consulting has also expanded into civil and structural engineering.
The acquisition of ADP Consulting marks Ayesa Engineering’s entry into the Australian market, a key milestone in its strategy to expand into English-speaking markets. This acquisition follows Ayesa Engineering’s prior acquisitions of ByrneLooby in 2022 and CORE in 2025.
ADP Consulting represents Ayesa’s eleventh corporate transaction since AMCE’s investment in January 2022.
AMCE and Ayesa were advised by EY as financial advisers, Ashurst as legal advisers, L.E.K. Consulting as commercial advisers, Alvarez & Marsal as operational advisers and BDO as accounting and tax advisers.
About Ayesa
Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with almost €800m in revenues and a presence in 24 countries across Europe, Latin America, Asia and Oceania. It operates two separate divisions. Ayesa’s Engineering Services division provides infrastructure design and project management consulting services in the civil and industrial engineering markets. Ayesa’s Digital Services division offers a wide-ranging portfolio of consulting solutions spanning software implementation and maintenance services, digital transformation, cybersecurity, cloud computing, data, and AI.
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, and ADP Consulting represents AMCE’s twenty-ninth transaction across its eight portfolio companies. More broadly, AMCE is part of A&M Capital, a multi-strategy private equity investment firm that manages commitments totalling ~€6 billion across all its 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.
