IMAP Albia Capital advises Mago Equity and its investee Igneo on the acquisition of environmental consultancy Emberiza

Igneo, an environmental consultancy specializing in engineering in sectors such as the transport and distribution of electricity, power generation with conventional and renewable sources, transport and distribution of natural gas and preservation of the environment, has acquired 100% of the capital of Emberiza.

The transaction has been advised on the purchase of IMAP Albia Capital, being a clear example of the company’s scope in transactions with a high component in energy transition and ESG and represents for Igneo an important step in its growth.


Igneo is an environmental consultancy with more than 40 years of history and participated by Mago Equity, a fund specialized in sustainable investment.  It is a multinational group with Spanish headquarters and subsidiary in Brazil, branch in Panama and multiple projects around the world with more than 400 employees and ability to optimize resources and projects with a high component of commitment to the environment, society and good governance


Mago Equity, investor in Spanish SMEs with solid business models that contribute positively environmentally or socially.

According to Carlos Carlos Gómez Múgica, partner of Mago Equity, “The acquisition reinforces Igneo’s position in the energy transition engineering market and expands its presence in Spain, Brazil and Panama”


EMBERIZA is an environmental consultancy that offers services among which are the construction management and environmental surveillance; renewable energy and environment; environmental and landscape impact assessment; and geographic information systems whose mission is to provide each client with adapted environmental solutions

IMAP Albia Capital

IMAP Albia Capital is a firm specialized in advising on mergers and acquisitions and corporate finance. It is the exclusive member in Spain of the IMAP organization, which is present in more than 40 countries. Globally, IMAP completed 238 transactions worth more than $26 billion in 2022. He is consistently ranked among the top 10 M&A advisors in the world and plays a prominent role among independent advisors. In the last two years, more than half of the transactions closed by IMAP Albia Capital have been cross-border.





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