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Unquote
  • Buyouts

SPAIN – Suma Capital acquires engineering firm

  • Francinia
  • 18 April 2008
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Suma Capital has completed the acquisition of a 75% stake in engineering consulting firm Auding in a management buyout. The management team hold the balance of the shares.

Backed by Privat Bank, Suma invests in companies valued between EUR 10-30m. The deal was carried out through the two funds managed by Suma, Wind Private Equity and Wind Private Equity I.

Barcelona-based Auding offers consultancy services to the civil, environmental, structural and urban engineering sectors and reported a turnover of EUR 21m in 2007. With 250 employees, it also has a presence in Mexico and Dominican Republic.

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