Contact

More than €280M for Spanish companies in the sixth FOND-ICO GLOBAL call for proposals


, , ,
Integral service around a transaction
BY : Diego GutiérrezJune Mon, 2016
Axis, the venture capital company of the ICO Group, has resolved the sixth call of FOND-ICO Global with the selection of four funds, in which it will invest €71M. These funds will invest around €280 million in Spain, which is almost 4 times the amount that FOND-ICO Global will invest. Given the great reception of this call, a new call is expected to be launched before the summer. According to the planned investment plan, new fund selection calls will continue to be launched depending on the market situation.

fondico

Funds selected in the 6th Fondico call for proposals

4 funds, out of the 19 submitted, have been selected in the 6th Fondico call. In the Expansion Capital category, the funds selected were Italian, Charme capital partners y a Spaniard Meridia capital partners.

 "Of the 19 funds presented to the call, six are international, which shows the confidence that foreign investors are placing in our country.

As for Charme Capital, the vehicle to be financed by the ICO will be its third private equity fund, which was launched last year. This investment vehicle will target medium-sized companies (between 100 and 500 M) in Europe, with a focus on the UK, Spain and Italy in particular.

Meridia capital partners, which had traditionally focused on real estate investment, decided a few months ago to enter private equity and has already raised 80% of its total target resources, €125M, and is ready to start buyouts.

In the Venture Capital category, two firms established in the last year have been chosen: Kanoar Ventures and  Samaipata capital partners.

Kanoar Ventures is chaired by Carina Szpilka, former CEO of ING Direct.

 Samaipata capital partners, a €20M investment fund, blends the world of e-commerce and internet investments with M&A transactions.

FOND-ICO Global boosts the Venture Capital sector in Spain

FOND-ICO Global over the six calls made since its launch, has approved an investment of €947M in 39 funds. For their part, these funds in which FOND-ICO Global participates have committed to invest a minimum of €3,445M in Spanish companies. In this way, FOND-ICO Global achieves a significant leverage effect, as well as supporting the competitiveness of companies and job creation.

The funds selected by FOND-ICO Global have already invested in 170 companies across a wide range of sectors: consumer goods and distribution, services, life sciences, industry, among others.

Other posts that may interest you

Strengzen and Caixa Innvierte Start, new funds March 2016

New venture capital funds for SMEs: Meridia capital and Closa Gordon

New funds for 2016: Sabadell, Caixa Capital risk, Samapaita Ventures and others.

If you are looking for financing please contact us, Abra-Invest has an expert team in alternative financing at your disposal. Call us on + 34 946424142 or fill in the contact form.

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