MAWEEKLY · 8 de junio de 2026

Week 23 (2026) in M&A and Private Equity🛰️🇪🇸

Transactions of the Week (June 1 - 7)

Hi, I’m Fran Hidalgo-Barquero, Partner at Albia IMAP. This is a weekly newsletter covering M&A and Private Equity transactions in Spain. Contact: Email, LinkedIn.

It was a real honour for Ricardo Dávila and me to accept this award on behalf of Albia a few days ago at the University of Salamanca.

As many of you know, our connection with this historic institution goes far beyond the Family Business Chair. The company we founded ten years ago actually took its first steps in its halls. In many ways, this made the recognition even more meaningful.

The event was also a great moment to reflect on what drives us. We are passionate about our work, of course, but even more about the role that M&A and Private Equity can play in strengthening the business fabric and, ultimately, contributing to society’s broader well-being. Supporting education and talent development is another pillar we strongly believe in and are proud to promote.

• Ferrer, a Catalan pharmaceutical group, has sold its over‑the‑counter (OTC) portfolio—including the flagship analgesic Gelocatil—to French company Cooper Consumer Health. The deal aligns with Ferrer’s strategy to become a specialist drug manufacturer focused on vascular, pulmonary, interstitial, and rare neurological diseases. Cooper aims to strengthen its Spanish market position, building on previous acquisitions such as Viatris’s OTC assets. Ferrer’s OTC division generated about €40 million in revenue and will be replaced by a focus on specialty products. 1

• GPF Partners, a leading Spanish private‑equity firm, has acquired a 95% stake in Beedigital (Metric Capital), valuing the company at roughly €100 million enterprise value. CEO Alejandro Martínez Peón will retain a 5% share and continue leading the business. Beedigital, which serves about 65,000 subscription customers across Spain and Latin America, has recently launched Beesible—a SaaS platform that uses AI to automate digital‑marketing tasks for SMEs and freelancers. GPF Partners aims to build the premier AI‑driven digital‑marketing platform for the Spanish‑speaking market, leveraging automation, mobile‑first design, and SaaS delivery. 2

• HearstLab is investing in Founderz to launch a strategic AI partnership with Fitch Learning, aiming to close the industry skills gap. The collaboration will combine Fitch’s financial‑services education expertise with Founderz’s multilingual AI learning platform, delivering personalized AI‑driven training to over 125,000 learners worldwide. HearstLab, a venture arm focused on women‑led startups, sees this as a model for connecting innovative tech companies with Hearst’s resources. Founderz, a Microsoft Worldwide Training Partner, brings a global community of 630,000 learners across five continents. Together, they will create AI‑enabled learning solutions for financial institutions, helping professionals acquire new skills, reduce skill gaps, and stay competitive in an AI‑first environment. 3

• Mirai Investments has acquired two Basque companies—Afesa Medio Ambiente, a demolition and waste‑management specialist based in Derio, and Excavaciones Mendiola, an excavation and construction‑waste firm located in Vitoria‑Gasteiz. These purchases mark Mirai’s entry into the environmental services and circular‑economy sector, targeting roughly €100 million in revenue and about 300 jobs by 2026. Afesa generated €65 million in 2025 with 190 employees across three sites, while Mendiola earned €14 million in 2025 employing 95 staff. Together they will offer integrated services for heavy‑industry, energy, and construction projects throughout the Iberian Peninsula and islands. 4

• Prim, a Spanish health‑tech listed company, has agreed to acquire 100 % of French group Impulseo, which specializes in physiotherapy and podology products, e‑commerce and online training. The deal gives Prim access to over 43,000 professionals, digital sales capabilities and a scalable platform for international growth, especially in France. The acquisition aligns with Prim’s inorganic‑growth strategy outlined in its new strategic plan that aims to double revenues to more than €504 million and increase EBITDA to €81 million by 2031. Prim expects cross‑selling opportunities, brand development and further diversification of income across geographies and channels. 5

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• Life Dental Group (ProA Capital) acquired a majority stake in Dynamic Abutment Solutions (DAS). DAS will remain independent within Life Dental, preserving its brand, culture, and business model while expanding the group’s prosthetic solutions. The acquisition positions Life Dental—operating in 90 countries with brands such as IPD (Spain), New Ancorvis (Italy), and Zarc (Spain)—to target €90 million in revenue and roughly €30 million in EBITDA this year. Founder Esteban Xam‑Mar will stay on DAS’s board and retain a significant shareholding. Earlier, in 2024 ProA Capital raised a €200 million continuation vehicle for its IPD investment. This strategic move strengthens Life Dental’s global footprint in digital dental prosthetics, enhances its product portfolio, and reinforces its innovation capacity in a key market segment. 6

• Everwood Capital’s Transport and Logistics Fund has acquired 100% of Grupo Transmolbo, a Valencia‑based international refrigerated‑transport operator focused on horticulture and groupage services. The deal merges Transmolbo with Transportes Cruz creating a larger platform for cold‑chain logistics across Europe. Combined, the new group reports around €70 million in revenue, 340 staff and over 620 vehicles, operating in several Spanish regions and serving routes to France, Italy, Belgium and the Netherlands. The acquisition, the fund’s 14th, aligns with its strategy to build a leading European refrigerated‑transport group, enhancing digital transformation, ESG standards and operational capacity. 7

• SITA announced a new acquisition (Big Blue Analytics) that introduces an AI‑driven disruption‑recovery platform for airlines worldwide. The solution leverages proven artificial‑intelligence technology to predict, mitigate, and resolve operational disruptions, aiming to cut disruption‑related costs by as much as 30%. By integrating real‑time data, advanced analytics, and automated decision‑making, the platform helps airlines improve on‑time performance, reduce passenger inconvenience, and enhance overall operational resilience. 8

• Phenna Group (Oakley Capital), a leading UK‑based Testing, Inspection, Certification and Compliance (TICC) firm, announced its 13th acquisition of 2026: Begalvi, a Spanish compliance‑management and SaaS provider for Homeowners Associations. Founded in 2006 and serving over 1,000 property administrators and 70,000 associations across Spain, Beganvi brings a strong reputation for service quality, innovation, and a proprietary technology platform. The acquisition strengthens Phenna’s certification and compliance capabilities in the EMEA region, particularly Southern Europe, and supports its strategic goal of expanding in highly regulated, fragmented markets. 9

• Givaudan’s plan to acquire a majority stake in Eurofragance, a leading fragrance house. The acquisition aims to strengthen Givaudan’s position in the fragrance market, expand its product portfolio, and enhance innovation capabilities. By integrating Eurofragance’s expertise and client base, Givaudan expects to boost its global market share, improve operational efficiencies, and deliver broader creative solutions to customers. The deal reflects Givaudan’s strategic focus on growth through selective investments in complementary businesses, reinforcing its leadership in the fragrance industry. 10

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