Contact

Private equity fund GPF Capital closes its first exit in Acuntia


, , , , , , , ,
Integral service around a transaction
BY : Diego GutiérrezSeptember Tue, 2017
GPF Capital, a private equity fund focused on Spanish SMEs, sells 85% of the shares of Acuntia, an ICT company, to Vinci Energies España. The remaining capital will remain in the hands of the company's senior management.

About Acuntia

Acuntia is a Spanish company that offers ICT (Information and Communications Technology) solutions and services to large companies, telecommunications operators and public administration.

TIC COMPANY GPF CAPITAL

It carries out network architectures, security and mobility, video, IPTV and collaboration, virtualisation and datacenter. Its client portfolio includes companies as well as telecommunications operators and public organisations that are looking for long-lasting ICT solutions adapted to their business.

Thanks to its high level of specialisation and its broad portfolio of services, Acuntia has established itself as a leader in the Spanish ICT infrastructure market. The company is headquartered in Madrid and has offices in Barcelona, Bilbao, Valencia, Seville, A Coruña and Las Palmas. It has also carried out projects in countries in America, Europe, Asia and Africa.

Acuntia Corporate Finance Analysis

With a turnover of €90M in 2016 and a workforce of around 340 people, Acuntia has been growing steadily since its founding in 1991, generating positive returns of around 10% EBITDA, with significant cash generation. All things being equal, the company is on track to reach €100M in sales in 2017.

Moreover, the acquisition of Acuntia in 2015 by GPF Capital has only consolidated the company's growth in terms of turnover, profitability and solvency.

Private equity fund GPF Capital closes its first exit in Acuntia

About GPF Capital

GPF Capital is a Spanish independent venture capital firm founded by Guillermo Castellanos, Lorenzo Martínez de Albornoz, Ignacio Olascoaga and Martín Rodríguez-Fraile. GPF Capital currently manages a fund of more than €100M invested by private investors from Spain and 11 Latin American countries. It operates in the Spanish mid-market segment investing between €10M and €20M of capital per transaction supporting the management teams of companies with clear growth opportunities.

GPF's first exit at Acuntia, acquired by Vinci Energies SpainThis is almost three times the investment made by GPF Capital in 2015. With this transaction, the private equity fund confirms the success of its investment model, based on identifying, acquiring and preparing Spanish SMEs for their subsequent sale to larger national or international strategic or financial groups.

The sale allows Acuntia to establish important synergies in sectors where Vinci has a strong presence, such as energy and industry. Acuntia perfectly complements the companies of Axians, the Vinci Energies Group's brand for the telecommunications sector, which provides a wide range of infrastructure and communications solutions and services.

In Spain, Axians manages a €12M turnover and specialises in telecommunications infrastructure for utilities such as Red Eléctrica Española and Endesa, and telecommunications operators such as Vodafone and Orange.

Other posts that may interest you

Spanish telecoms firm Cellnex buys Alticom to grow in the Netherlands

Artá Capital buys the 60% from Satlink, a Spanish satellite telecommunications company for the maritime sector. 

If you are looking for investors, you want to buy or selling a companyPlease contact us. Bakertilly has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.

The M&A Professionals

Meet our services

CONTACT US

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
crossmenu