Forvis Mazars in Spain has advised private equity firm Waterland on its recent acquisition of Minsait Business Consulting (MBC). The Forvis Mazars M&A team, operating within the Financial Advisory division, has been acting as financial advisor on the transaction for several months.
According to Agustín Fernández Miret, Partner and Head of M&A at Forvis Mazars in Spain: “We are delighted to have supported Waterland in this transaction. In an environment shaped by the transformative impact of artificial intelligence, Waterland is the ideal partner to drive the next phase of growth for Minsait Business Consulting, a leading business consulting and complex transformation team with a strong track record. Furthermore, this transaction reinforces our position as a trusted advisor to private equity funds, identifying and executing off-market investment opportunities.”
Waterland’s acquisition of MBC represents a new milestone in the company’s development strategy, supporting its ambition to strengthen its competitive positioning, continue investing in key technologies and accelerate growth through strategic acquisitions.
Minsait Business Consulting is part of Minsait, Indra’s business unit specializing in strategic consulting, advanced digital technologies and IT services, and employs more than 1,700 professionals.