Making Science Group S.A. (Euronext: ALMKS), the leading global company in the technology and digital marketing sector with global headquarters in Madrid and US-based headquarters in Chicago, announced an agreement whereby the SOPEF fund, managed by MCH, will finance the growth of its subsidiary, Making Science Digital Marketing and AdTech, with up to $43 million (approximately 40 million euros) over the next two years.
Making Science’s subsidiary, specializing in providing advanced solutions in data analytics, advertising campaign optimization, and personalized user experiences, will receive an initial investment from SOPEF of approximately $5.5 million (5 million euros) and another $2.7 million (2.5 million euros) through its own parent company. For the remainder of 2024, 2025, and 2026, both firms have also agreed to expand their investment by up to $21.5 million (20 million euros) each (totaling approximately $43 million) to accelerate its international growth in strategic markets for the company. Making Science also reserves, within the agreement, the option to repurchase SOPEF’s stake in 2027.
The SOPEF fund, established in 2018 by the Sultanate of Oman through the Oman Investment Authority (OIA) and COFIDES, promotes investment in companies with high growth potential. This private equity fund seeks to foster economic cooperation and strengthen ties between the two countries by investing in strategic sectors such as renewable energy, technology, infrastructure, and health.
José Antonio Martínez Aguilar, Founder and CEO of Making Science, explains, “The investment by SOPEF shows the solidity of our project and our capacity for international growth. Our subsidiary, Making Science Digital Marketing and AdTech, represents nearly 65% of our business and has enormous international growth potential.”
He continued, “The entry of a fund with the support of a sovereign wealth fund indicates, on the one hand, the solidity of the Making Science project and, on the other hand, gives us access to an investment capacity that allows us to help our customers and partners grow and to compete with large global groups. MCH is a firm with extensive experience in helping Spanish companies grow abroad, and the investment of a sovereign wealth fund such as Oman Investment Authority, in addition to showing the strength of the Making Science project, will facilitate the consolidation in the largest markets like the US and the growth in the Middle East”.
COMMITMENT TO GROWTH, INTERNATIONAL EXPANSION AND GUIDANCE `PLAN 2027´
This announcement is part of Making Science’s ongoing growth and international expansion strategy. In this regard, the company successfully completed a capital increase of 4.7 million euros at the end of June 2024, an operation that will accelerate the expected growth of the group’s results.
