IDP, Spain’s leader in BIM-based engineering services, has given a majority stake in Nazca Capital, a private equity firm focused on investing in unlisted Spanish SMEs. The shareholders of IDP will rely on Nazca’s experience in organic and inorganic growth projects, to take advantage of the important opportunities that exist in the sector, and to promote the development of its digital services.
In this new phase, the IDP Group plans to carry out an ambitious plan for organic and inorganic growth, taking advantage of its position as leader in the BIM niche, its innovative portfolio of services, and the growing trend in the adoption of digital tools in the sectors it addresses.
Enric Blasco, current shareholder and CEO of the group, says that “with the entry of Nazca in the shareholders we give a strong boost to the strategic growth plan, hand in hand with a fund that will provide us with proven and successful experience, strategic vision, operational and financial, and improvements in organization, processes and operations that support growth.
Carlos Carbó, CEO of Nazca Capital said “IDP is an innovative company and a pioneer in the application of BIM to the engineering sector and the development of digitalization services, which are high growth market niches. This is the second investment of the Nazca V Fund and we are very excited to have partnered with a top level management and human team with whom we will tackle an ambitious growth plan by contributing our 20 years of experience investing in SMEs in Spain”.