Pinsent Masons advise on the adquisition of Garaje de Ideas by EDG
Pinsent Masons has advised the partners of Garaje de Ideas, an independent company specializing in user experience (UX) and digital product in Spain, on the sale of a majority stake of the share capital to European Digital Group (EDG).
European Digital Group (EDG) accelerates its international expansion with the acquisition of the company Garaje de Ideas. The latter has offices in Madrid, Granada and Malaga and a team of nearly 300 professionals specialized in design, technology and data analysis. Its portfolio includes several IBEX 35 companies such as Santander, BBVA, Iberdrola, Endesa, SegurCaixa, Inditex, as well as international accounts such as Roche, Vodafone or IKEA.
In this way, the company is helping to drive the digital transformation of large companies. By the end of 2024, its turnover is expected to reach 20 million euros.
The team is led by Francisco Aldavero, partner together with Juan Yago Hernández-Canut, associate.
