Clearwater advises M2C Consulting & Procedures on its sale to Ayesa

Transaction

M2C Consulting & Procedures sold to Ayesa

Sell-side

Undisclosed

Role

Adviser to M2C Consulting & Procedures on its sale to Ayesa

Sector

Tech & Tech Services

Region

Spain

Clearwater has advised M2C Consulting & Procedures, S.L. (M2C), a provider of IT consulting, development and integration of IT solutions and business process outsourcing on its sale to Ayesa, a Spanish multinational specialist in engineering, technology and consulting.

Founded in 2004 in Madrid and led by Germán García and Javier de Miguel Vila, M2C specialise in data services, process automation, and systems administration with a unique positioning in the insurance sector.

Ayesa, founded in 1966, is a Spanish provider of technology and engineering services that is in an expansion process with which it aims to double the size of its turnover in the next two years.

This transaction aims to give M2C the size to continue to accompany its customers with more specialised and sophisticated services with an international outlook, and help the business grow in banking, telecommunications, and insurance, while continuing its expansion plan.

Those of us who sell consulting to clients always talk about the added value, the importance of knowing specific processes, etc. This time, it has been the other way around, we have hired Clearwater to help and guide us in this M&A process that is so different from what we do every day. I am very happy with how they have handled the entire process, knowing how to choose the partner that best complemented our project and, above all, how they have been able to lead the negotiations, making it seem easy and successfully completing this operation that guarantees the continuity of the project. Clearwater was instrumental in achieving great value, well above unsolicited offers received to date. My congratulations for the great work, the security and tranquility that you have transmitted to us.
Germán García Llamazares, Founder, M2C Consulting & Procedures

Working with Clearwater has been a confirmation of how important it is to put yourself in the hands of specialists. Knowing what it means to talk about specialisation as a key element in our discourse since our origins in M2C, the Clearwater team is the greatest exponent of knowing how to do things well in the world of M&A. They have facilitated all our work from the moment of the first contact with them. Our process with Ayesa has been extremely intense, and has helped us to understand it completely clearly, to value each element that makes up a transaction with these characteristics, having a perfectly defined roadmap, helping at all times to fully understand what phase we were in, to facilitate each negotiation, whether of greater or lesser importance, and to permanently maintain an important work pace to meet the defined deadlines. I dare to say that working with the team is a guarantee of success. Congratulations.
Javier de Miguel Vila, Co-founder, M2C Consulting & Procedures

It has been a pleasure to be able to help Germán and Javier to complete the transaction of a lifetime, with the sale of M2C. The orderly sale process of the company has been a clear example of how sectoral specialisation and a good understanding of theM&A market within the TMT sector. . Germán and Javier have been able to choose the buyer that fits best culturally with their business and their employees, as well as maximising the value and structure of the operation.
David Serra, Partner, Clearwater