MAWEEKLY ·
Summer recap (2023) in M&A and Private Equity 🛰️🇪🇸
(July 31 - September 3)
We are back! Hope you had a great summer. Here is a selection of 10 transactions that happened during August.
• Aareon (Advent, Centerbridge) announces the acquisition of IESA, Spain’s leading and fast growing software provider for the residential real estate segment. According to Expansión, Aareon has prevailed in a competitive process against Team Systems and Catalana Occidente. 1
• Samy Alliance, an integrated, social-first technology- and data-enabled digital marketing and communications company, announces that Bridgepoint, has become a shareholder. Aurica Capital remains the company’s key partner with a 48% stake following this deal. The transaction will help the company accelerate achieving the objectives defined in its strategic plan and consolidate its position as the reference player in the digital marketing sector worldwide.2
• Citibox has acquired Celeritas for an amount greater than 20 million euros. The acquisition of the logistics operator by the smart mailbox company has been under negotiation since the middle of last year and represents a strategic move that will further reinforce the weight of both companies in the Spanish logistics sector.3
• UNIKAL (platform launched by Ufenau after the acquisition of Madrid-based Einzelnet) incorporates UNIFIED CLOUD SERVICES, ACTIVE, BRAIN2STORE and QUOPIAM, accelerating the creation of the European specialist in Information Technology. With these new additions, the group will reach an estimated turnover of more than 80M euros in 2023 and will count more than 600 professionals distributed in 10+ locations throughout Spain.4
• MCH Private Equity has become a shareholder in the pharmaceutical specialty company Farmalíder. The company works in five product areas: generic drugs, ethical drugs, OTC drugs, dermocosmetics, nutritional supplements and health products. 5
• Martínez Nieto S.A. (Marnys), a Spanish laboratory from Cartagena specializing in the manufacturing and marketing of food supplements, natural cosmetics, sports nutrition, essential oils and healthy eating, has reached an agreement with the investment fund Magnum Capital to become a shareholder in the company.6
• Germany-based Bechtle has acquired Prosol Ingeniería to broaden its Spanish portfolio and include IT services for the first time. The company employs 50 staff and achieved revenues of some EUR 15m in 2022 at their sites in Las Rozas, near Madrid, and Terrassa, close to Barcelona. Prosol has been active on the Spanish market as a systems integrator for the industrial sector since 1996.7
• Saica Group, one of the leading companies in Europe in the manufacture of recycled paper for corrugated board, acquires a minority share of Pacapime in Belgium. Pacapime currently employs 109 employees and generated revenues of 61 million euros in 2022.8
• RES, one of the largest independent renewable energy companies in the world, has reached an agreement with Ingeteam for the acquisition of its Service division, dedicated to the operation and maintenance of renewable energy plants. The British company will maintain its headquarters in Spain in Albacete. It will have around 35 GW under its management, valued at 35,000 million. 9
• The French group Saretec arrives in Spain with the acquisition of Mobius Group, a company specialized in the technological management of vehicle fleets and corporate mobility. In 2018, the European investment fund Ardian Growth entered the company’s capital. Since then the company acquired four companies. 10
• …
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I am a Partner at IMAP Albia Capital.
IMAP is an International Mergers and Acquisitions Partnership with a 50-year track record, more than 450 M&A professionals worldwide and a presence in 41 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.
https://www.expansion.com/empresas/2023/08/10/64d42c7e468aebde728b461d.html
https://unikal.tech/en/unikal-active-brain2store-quopiam-ucs-en/
https://www.expansion.com/empresas/2023/08/08/64d16cfe468aebf1438b45e7.html
https://www.marnys.com/es/magazine/martinez-nieto-alcanza-acuerdo-magnum-capital-para-crecimiento/
https://www.saica.com/en/news/saica-group-acquires-a-minority-share-of-pacapime-in-belgium/
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