MAWEEKLY · 21 de abril de 2025

Week 16 (2025) in M&A and Private Equity 🛰️🇪🇸

Weekly collection of transactions (April 14 - 20)

German integrated facility management group Apleona (Bain Capital), with more than €4 billion, 40,000 employees and presence in 34 countries is actively seeking acquisition opportunities in Spain and is working with Albia IMAP as M&A financial advisor.

Fabien Volson, Managing Director of Apleona Western Europe explains: “We are looking for SME acquisitions with a minimum revenue size of €30 million. Ideally, our interest is in independent FM companies with a strong management team, who wish to remain and contribute to our story of growth and success in Spain and Europe. We are a strong and committed professional team and look forward to welcoming new colleagues to our Apleona family.”

As always, feel free to contact me to explore this topic further. More info, here.

• Peninsula Capital has acquired Mentalia, a mental health clinic network previously owned by DomusVi, and merged it with Neural, another mental health group in its portfolio. This consolidation creates one of Spain’s largest mental health providers, encompassing over 30 centers and more than 1,000 beds. The new entity aims to address the growing demand for mental health services in Spain. This move aligns with Peninsula’s strategy to consolidate the fragmented mental health sector and expand its presence in the healthcare market. 1

• Lauria Partners, along with Hyperion has acquired a majority stake in Gutmar, a precision engineering firm based in Sant Cugat del Vallès. Founded in 1951, Gutmar manufactures components for aerospace, defence, nuclear, and submarine sectors, supplying parts for Eurofighter jets, NH90 helicopters, and the PAZ satellite. With 110 employees and 2024 revenues of €17 million, the company exports over 75% of its production. 2

• Zunibal, owned by Nazca Capital, announced the acquisition of Zong Hong Marine. The Taiwanese company, based in Kaohsiung, specializes in advanced satellite communications services. This operation involves the creation of Zunibal Asia, with new headquarters in Taiwan from where the Asian market will be covered. 3

• VisionEdgeOne (VE1) has partnered with GCM Grosvenor, a leading global alternative asset management solutions provider, to acquire Inurba Mobility from Sherpa Capital and Moventia Group. Inurba Mobility is an international micro-mobility operator specialising in bike-sharing systems. Headquartered in Barcelona, Inurba Mobility currently operates more than 18,000 bikes in 10 cities across Europe. 4

• Lighthouse, the commercial platform for the travel and hospitality industry, announced the acquisition of Barcelona-based The Hotels Network, marketing personalization technology provider that drives direct channel growth for hotels. 5

• Spanish software group BSG announced the acquisition of horizontal software provider Af Informática Aplicada.6

• Trainline, the independent retail platform for train and bus travel, announced it has entered into an agreement to acquire the Barcelona-based Trenes.com. Founded in 2014, Trenes.com is an online retailer of train and bus tickets. In 2024, Trenes.com sold tickets to over 350,000 customers. 7

• TIBA Group has acquired Total Freight Worldwide, a Spanish-owned export air freight company. This acquisition enhances TIBA’s air freight capabilities and strengthens its logistics network across Latin America, Europe, and Asia. Total Freight’s founder, Francisco Marquínez, will continue to lead the team, ensuring continuity and reliability. This move aligns with TIBA’s global expansion strategy, following its recent entry into Brazil with SMX Logistics, a transaction advised by IMAP Brazil. 8

• BizAway, the Italian scale-up leading the digitalization of business travel, announces the strategic acquisition of Aervio, one of the top travel management companies in Spain and specialized in artificial intelligence solutions for the business travel sector. This transaction marks a significant step in the company’s innovation path, aimed at strengthening its technological capabilities and anticipating the evolving needs of a rapidly changing market. Founded in April 2016, Aervio has established itself through the development of AI-based tools capable of optimizing travel planning. Its integration will allow BizAway to further enhance its proprietary platform, offering an even more efficient, personalized, and proactive service. 9

• …

Subscribe to receive weekly updates.

Let’s talk!

I am a Partner at Albia IMAP. IMAP is an International Mergers and Acquisitions Partnership with a 50-year track record, more than 500 M&A professionals worldwide and a presence in 50 countries. IMAP has closed over 2,200 transactions valcued at $130bn in the last 10 years and is consistently ranked in the world’s Top 10 M&A advisors (Refinitiv) for mid-market transactions.