28 January 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 under management, has acquired CORE, a project management firm specialising in large-scale data centres and real estate developments.
Founded in 2014, CORE provides project management services across various sectors, including data centres, residential, hotels, and hospitals, focussing on major iconic projects. We believe CORE’s competitive advantage lies in the implementation of Lean Construction methodologies, which significantly reduce costs and optimise execution times.
We believe this acquisition represents a further milestone in Ayesa Engineering’s strategy to grow in high-value segments and enhance its service and end-market diversification.
CORE represents Ayesa’s tenth transaction since AMCE’s investment in January 2022.
About Ayesa
Headquartered in Spain, Ayesa is a leading international provider of digital and engineering services with almost €800m in revenues and presence 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 CORE represents AMCE’s twenty-eighth 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 ~€5.5 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.
