Thursday, December 7, 2023

Ayesa hires Indra’s head of Legal  

Francisco Ruiz-Risueño, an expert in international M&A processes, will lead a team of twelve lawyers from 17 different jurisdictions, to support Ayesa’s acquisitions outside Spain


Ayesa, a technology, and engineering multinational from Seville, has appointed Francisco Ruiz-Risueño, until now director of Indra’s Corporate Legal department and expert in M&A processes, as general counsel to reinforce its Legal department.

Ruiz-Risueño is a lawyer with 20 years of experience, having worked at EY and Garrigues, and has experience in Legal advice to Ibex-35 multinational companies. In 2009 he joined Indra, where he worked first as a Corporate M&A lawyer and then as Legal head of Mergers and Acquisitions until 2015, when he was promoted to director of Corporate Legal.

At Ayesa, Francisco Ruiz-Risueño will lead a team of 12 lawyers from 17 different jurisdictions. His international M&A experience in processes will be key for the Seville-based firm, founded 55 years ago by José Luis Manzanares Japón, in which the English fund A&M Capital Europe has a 50% stake since 2021.

Ayesa has an M&A department that studies 60 potential companies to buy. After dominating the Latin American market and its entry into the Middle East and Asia, its objective is now to grow inorganically in the Anglo-Saxon market. The company now wants to consolidate its position as a digital services platform and exploit its potential in emerging technologies such as artificial intelligence, big data, data analytics, cybersecurity, and cloud computing, among others.

“The results obtained by Ruiz-Risueño in his performance in the Legal field for so many years give us the confidence to face the new challenges of the group, both in the field of Corporate operations and business.”

Nicolás Costábile, Ayesa’s general manager of Corporate services

“The ambitious growth project, the level of professionalism in the company and its positioning in the technology and engineering sector make Ayesa one of the best companies in Spain to develop as a professional.”

Ruiz-Risueño, new head of Legal at Ayesa

Founded in 1966, Ayesa is a global provider of technological and engineering services, with 5,400 employees and a direct presence in 17 countries in Europe, America, Africa, and Asia.

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