Contact

2013: the 74% of venture capital operations for SMEs


Integral service around a transaction
BY : Diego GutiérrezJanuary Thu, 2014
capital riesgo pymesA pesar que la investment durante todo el año 2013 ha sido muy inferior a la realizada en el 2012, durante el segundo semestre se ha producido un repunte muy significativo registrando €1.200M. Además varias operaciones anunciadas recientemente hacen presagiar una buena actividad en los próximos meses.

 

La pyme principal protagonista

According to ASCRI, El 74% del número de operaciones fueron pequeñas, de menos de €1M de capital, casi el 4% han sido operaciones de midmarket y sólo tres operaciones superaron los €100M. Es importante señalar que el 90,7% fueron operaciones de menos de 5 millones de euros de capital, lo que evidencia que las receptoras del Capital Riesgo fueron, sobre todo, las pymes españolas en fases arranque y expansión.

“Aunque las grandes operaciones las realizan los fondos extranjeros, el incremento de la actividad inversora en las pymes de alto crecimiento aportan una buena expectativa a futuro. Creemos que es muy importante que además se focalicen las inversiones en sectores de actividad concretos donde España debiera destacar en el futuro como lo ha hecho en el pasado” comenta Diego Gutierrez especialista en financiación pymes en Abra Invest.

También han sido relevantes el número de operaciones en etapas iniciales (36% del total de operaciones, aunque sólo representa un volumen total de inversión de €75,6M). Algunas operaciones de Venture Capital destacadas del año 2013 fueron las de Adara y Neotec (y otros inversores internacionales) en Alien Vault (seguridad informática), Ysios Capital y Caixa Capital Risc (y otros inversores internacionales) en Stat DiagnósticaAxis y CCMP at VoloteaSeaya Ventures at Plenummedia y RéstaloYsios Capital at VCRX y Telefónica Ventures at BOX.

Un total de inversión de €1.701M para 462 inversiones

1.701M€ en 462 operaciones, es decir, una caída del 31% en el volumen y del 15% en el número de operaciones si comparamos con la actividad del año 2012. Estamos, por lo tanto, aún lejos de los niveles de actividad pre-crisis, que se situaban por encima de los 3.000-4.000 millones de euros. Los fondos internacionales fueron responsables del 51% del volumen invertido en 2013 con 14 operaciones (en las que estuvieron involucrados 23 operadores).

The M&A Professionals

Meet our services

MEET
OUR
METODOLOGY

Do you want to be up to date?

SUSCRIBE OUR NEWSLETTER

Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?

M&A NEWS
INDUSTRIAL REPORTS
closearrow-circle-o-downchevron-downcrossmenu