Ayesa, an international provider of IT and engineering services, has acquired M2C, a Spanish IT consulting firm specialised in data management and process automation solutions.
Founded in 2004, M2C offers advanced technology solutions in the fields of big data, data analytics, artificial intelligence and robotic process automation for the insurance, banking and telecom sectors. It currently has 255 employees.
Ayesa is currently working on consolidating its position as Spain’s leading provider of IT services. Following the majority investment of A&M Capital Europe in Ayesa, the group has launched a strategic plan to drive growth organically and via acquisitions, designed to allow is to reach its full potential in emerging technologies as well as continue to diversify into different sectors. M2C represents Ayesa’s second transaction in 2022.
José Luis Manzanares, CEO of Ayesa, said: ‘the addition of M2C to the Ayesa group will generate significant synergies in both directions. Ayesa has a strong position in utilities and the public sector, highly complementary to M2C’s functional expertise, and a global network of offices in 20 countries. M2C allows us to continue supporting our clients on their digital transformation journey by increasing our capabilities in data management technology’. He also noted how ‘M2C will now be in ideally positioned to take on even bigger projects across the globe’.
German García Llamazares and Javier de Miguel, founding partners of M2C, added: ‘this is an extremely exciting move for us, as joining of Ayesa means we’ll be able to continue providing our clients with the services they need as technology evolves’. They also noted: ‘this is a fantastic opportunity for our employees, as it will allow them to continue growing and developing their career at a company whose values we share and which, despite being a big multinational, places its clients at the heart of everything it does’.