Sell-side advisory

AZ Capital advises Mytra Control on its strategic sale to Acciona

AZ Capital is pleased to announce that it has acted as exclusive financial advisor to Mytra Control on the sale of 100% of the company to Acciona, a global leader in sustainable infrastructure and renewable energy solutions.

Founded in 2015 and headquartered in Madrid, Mytra Control has established itself as a leading provider of industrial digitalization architectures in Spain. The company offers comprehensive end-to-end services to clients across various industrial sectors, with a 360° approach encompassing advanced industrial automation solutions, networks and cybersecurity, and high-end SCADA systems. This differential positioning has made Mytra a leader in its sector, being consistently recommended by clients and leading hardware providers in the market.

The integration of Mytra Control strategically complements Acciona's current capabilities in construction and infrastructure management with Mytra's technological expertise and extensive know-how. This acquisition will enable Acciona to address the growing technological and security demands in the digital infrastructure space, strengthening its competitive position in the global market. Mytra Control's founders and executives will remain at the helm of the company within Acciona's structure, leading its future growth.

José Antonio Corral, CEO of Mytra Control, commented: "Due to our size and the characteristics of the transaction, we were uncertain about the type of advisor we should choose. Ultimately, we decided to work with AZ Capital, and our doubts dissipated from the very beginning. We felt supported and coordinated from the initial contacts through the final negotiations. Their excellent team provided a level of dedication and attention to detail that, combined with their strategic knowledge and negotiation skills, made it possible to secure the best possible agreement."

Carlos Jiménez, CTO of Mytra Control, emphasized: "AZ Capital advisory has been instrumental in the process of selling our company. Their ability to interact with IBEX 35-level companies, demonstrating their high level of professionalism and communication skills, while understanding and adapting to the needs of a smaller company like ours, makes them the ideal partner for operations of any nature."

Víctor Mata, Partner at AZ Capital, added: "This transaction reflects our firm commitment to the Spanish technology sector, where we continue to support innovative companies like Mytra Control in achieving their strategic objectives. The combination of Mytra's technical expertise with Acciona's global scale creates a unique value proposition that has the potential to transform the industrial digitalization landscape in Spain and beyond. At AZ Capital, we are proud to have orchestrated a transaction that not only maximizes value for our clients but also significantly contributes to the country's technological advancement."

This transaction underscores AZ Capital's expertise in the technology sector and its ability to successfully execute strategic transactions that create significant value for all parties involved.

Sector: Technology