The consortium comprising Indar, BBK, the Basque Government and Teknei acquires Ayesa Digital: Advisors

The shareholders of Ayesa, A&M Capital Europe and the Manzanares family have reached an agreement for the sale of Ayesa Digital to a financial consortium comprising Indar Kartera (Kutxabank’s investment vehicle), the BBK Foundation, the Basque Government, through Finkatuz (the Basque Finance Institute’s investment vehicle) and the technology company Teknei.

The transaction is expected to be completed in the coming months, once the necessary approval has been obtained from the competent authorities.

Ayesa Digital is currently one of the largest providers of digital services in Spain. In this new phase, the firm will focus on promoting the digitalisation of companies and institutions, developing capabilities in strategic areas such as artificial intelligence, cybersecurity, process automation, data management and quantum computing.

With more than 11,000 employees and a consolidated national and international network, the group will focus on attracting talent, promoting training in digital skills and creating jobs linked to innovation and development. It will also strengthen the technological value chain and generate synergies with SMEs and start-ups, with the aim of reinforcing the industrial fabric and generating an impact on the economy.

José Luis Manzanares will remain as CEO until the transition is complete.

Advisors

Pérez-Llorca has advised Ayesa on the transaction with a team consisting of Julio Lujambio, Corporate partner; José Luis Romeu, Corporate partner; Norma Peña, Tax Partner; Bojan Radovanovic, Corporate partner; Melchor Álvarez de Mon, Corporate partner; Roberto Funes, Corporate lawyer; and Beatriz Sánchez, Corporate lawyer.