OFG Acquisiciones e Ingeniería, SL Asset Profile

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Year established

1998

Location

Cordoba Spain

Primary Industry

Telecoms

About

Based in Spain, and founded in 1998, OFG Acquisiciones e Ingeniería, SL, previously Fuertes Gimeno Comunicaciones S.L., operates as a network engineering company that offers professional services to the telecommunications sector. OFG Adquisiciones e Ingenieria works with clients all around the world. The firm began by building communications infrastructure for Airtel (now Vodafone Spain) and then expanded its services to encompass engineering, installations, radioelectric certification, and information technology. In 2012, the company moved to Central America, and in 2018, it expanded to Germany, the United Kingdom, and the United States. The company has more than 1450 workers and 34 global clients as of 2021. OFG Adquisiciones’ offerings include infrastructure installation services for telecommunications networks such as Airtel and Vodafone, certification of telecommunications sites by measuring and checking them against the MINCOTUR (Ministry of Industry) regulations, consultation and engineering services, site acquisition and legalization service, and finally, telecommunication equipment and facilities maintenance. The company’s client base includes Panda, HUAWEI, and Fortinet.

Current Investors

Nexxus Iberia

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Primary Industry

Telecoms

Sub Industries

Engineering, Consulting Services, Telecoms Providers & Services, Telecoms Equipment

Website

www.ofg.es

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Secondary Buyout
Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	OFG Acquisiciones e Ingeniería, SL	31 May 2023
Completed	OFG Acquisiciones e Ingeniería, SL	27 Jun 2018

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