• A&M Capital Europe has agreed to sell Ayesa, a global engineering and digital services provider, through two transactions: Colliers will acquire Ayesa’s Engineering Services division, while BBK will acquire its Digital Services division.

• Afianza has secured €110 million in financing from BlackRock to support its strategic growth plan. The financing, structured as a seven-year bullet loan, aims to eliminate existing debt and fund expansion initiatives. Last week Afianza also announced that it has acquired Idea Asesores, enhancing its presence in Andalucía with a new office in Málaga. This move is part of Afianza’s expansion strategy, having integrated 16 companies in 2025.

• Spanish private equity firm Abac Capital has sold cheese distributor Global Dairy Ventures to Dutch dairy giant Royal A-ware. This marks the first exit for Abac’s second fund (€350 million).

• UK-headquartered Phenna Group (Oakley Capital) completed two acquisitions to expand its Occupational Health & Safety (OHS) capabilities across Spain and Portugal. Both targets joined the group’s Certification and Compliance Division.

• The Fini Company ES has acquired the established German confectionery firm Tri D’aix after over 30 years of collaboration. Founded in 1991, Tri D’Aix, based in Alsdorf, employs around 40 professionals and exports a wide range of confectionery products to 20 European countries.

• Havas has acquired a majority stake in ACENTO Public Affairs, a public affairs consultancy in Spain. Acento will operate under the H/Advisors brand, retaining its co-CEOs, Alfonso Alonso and Pepe Blanco.

• Japanese company Kowa Europe GmbH has acquired the Galician firm Syspro Automation, which specializes in industrial automation. Syspro, based in Nigrán, Pontevedra, focuses on engineering projects in pharmaceutical and biotechnology plant automation, robotic systems, and production process software development.

• Maguar Capital has partnered with Antonio Quevedo Muñoz to acquire a significant stake in GlobalSuite Solutions, a leading GRC software provider based in Madrid. This marks Maguar’s first investment in Spain.

• AITANA-Opentix has announced the acquisition of Lanmedia, a technology consulting firm based in Bilbao, which adds €10 million in annual revenue and a team of 60 people to the group.

• Pangram Capital Partners II has invested in InCom Group, a multinational company specializing in engineering and manufacturing components for the wind energy sector. The investment, alongside two strategic investors, will support InCom’s international expansion, increased production capacity, and manufacturing automation.