Following the sale of 70% of its shares to the Spanish private equity fund, ProA Capital, IsEazy’s objective is to internationalise the company and grow it in the Americas and the Middle East through acquisitions and alliances.
IsEazy, with a significant presence in the Spanish Ibex 35, has a turnover of around €17 million, 70% of which comes from Spain, and employs more than 145 people. The management team will be led by Miguel Valverde, who has been promoted to CEO from his previous role as Managing Director. José Luis de Federico, founder and architect of isEazy’s success, will continue as Chairman and will maintain a 20% stake in the capital. The management team, led by Miguel Valverde, will also join the shareholding with a 10% stake.
Baker McKenzie’s Corporate and M&A team was led by Juanjo Corral and with the participation of Carlos Jiménez de Laiglesia, Elena Piquero and Patricia Simonneau.