Consortium comprising Indar Kartera, BBK Banking Foundation, Basque Government, Vital Foundation and Teknei completes the acquisition of Ayesa Digital

They will contribute to consolidating the company among Europe’s leading digital services providers.

They support the creation of employment opportunities and maintain their commitment to the company’s key markets.

Ayesa Digital appoints Iñigo Ucín as non-executive Chairman, following the appointment of Manuel Baraza as CEO.

The consortium comprising Indar Kartera—Kutxabank’s investment vehicle—BBK Banking Foundation, the Basque Government—through Finkatuz, the investment vehicle of the Basque Institute of Finance—Vital Foundation and Teknei has today completed the acquisition of Ayesa Digital, following receipt of the relevant regulatory approvals. The total value of the transaction amounts to €480 million, as announced in December 2025.

The transaction marks the beginning of a new phase of growth aimed at consolidating Ayesa Digital as one of Europe’s leading digital services providers, and reflects a firm commitment to a high-growth strategic sector—advanced digital solutions—which is key to the transformation, development and competitiveness of the business fabric.

The shareholder stability provided by the consortium will support the execution of the company’s strategic plan, focused on expanding its portfolio and services for businesses and institutions, ensuring high-quality service for clients, providing stability to its supplier network, and developing capabilities across its main strategic areas, including artificial intelligence, cybersecurity, process automation, data management and quantum computing.

With this backing, the company also aims to generate new opportunities for talent and leverage its scale. With more than 11,000 professionals and a well-established national and international network, Ayesa Digital will focus on attracting highly qualified talent, strengthening the technological value chain, and generating synergies within the technology ecosystem, with the goal of reinforcing the industrial fabric and creating a positive economic impact.

Support for the management team, led by the CEO, and appointment of a new Chairman

Over recent decades, the Ayesa Digital team has developed working and collaboration dynamics based on proximity and high-quality customer service—an important differentiating factor that will be further reinforced in this new phase.

In this context of growth and expansion, the consortium has expressed its support for the management team and its commitment to the company’s key markets. It has also decided to strengthen this strategic vision by appointing Iñigo Ucín—who brings extensive knowledge and experience in the industrial sector—as non-executive Chairman of Ayesa Digital, and by assigning executive leadership to Manuel Baraza—formerly Chief Operating Officer—who will serve as CEO of the company.

Iñigo Ucín emphasized that Ayesa Digital “is an exciting project and the timing is right. Change and new technologies are coming, and it is essential to position ourselves quickly. In this context, Ayesa Digital can play a key role. It is also important to highlight the strong support behind this new project, with all partners fully aligned.”

For his part, Manuel Baraza stated that “growth is the only way to compete in such a demanding and strategic market. This transaction marks the beginning of a new phase that will consolidate Ayesa Digital as a leading player. The consortium’s shareholder stability will support the execution of our strategic plan and enhance the value we deliver to our clients. I am delighted with Iñigo’s appointment as Chairman, not only because of his experience and expertise, but also because of his people-centered approach and organizational culture.”

Iñigo Ucín brings extensive experience in industrial management, having served as Chairman of the General Council of Mondragon Corporation; Vice Chairman of Mondragon Corporation (Industrial Automation and Machine Tool Division); and CEO of Danobat, among other roles. He also served as Chairman of the Governing Board of Mondragon University. He holds a degree in Economics and Business Administration from the University of Deusto and a Master’s degree in Innovation Management from the same institution.

Manuel Baraza’s professional career spans more than three decades in the IT sector, primarily at Ibermática and Ayesa Digital.

Both executives will be formally ratified at the first Board of Directors meeting of Ayesa Digital in this new phase, scheduled for mid-April.