Nazca launches new fund What does Nazca invest in?

, ,
Integral service around a transaction
BY : Diego GutiérrezOctober Thu, 2016
Nazca Capital, a Spanish private equity fund, has just raised a new €250M fund and bought the 75% of Caiba, a plastics packaging manufacturer. Looking back at their investments, since 2001, they have completed 40 transactions: 19 direct investments in companies, 12 direct investments in companies, 12 direct investments in companies, and 12 direct investments in companies. acquisitions additional companies from their investees and 9 divestments in which they have achieved an IRR of 45% per annum.
Nazca's investment strategy

Nazca provides solutions to family-owned companies, both in shareholder succession and business development processes, partnering with their owners and management teams to implement strategic and operational changes that accelerate the growth of the companies in which they invest.

They invest in companies with sales between €20 and €150 million, attractive growth opportunities and a strong management team with a high level of commitment. Nazca offers them the opportunity to participate in the equity of the company they work for.

Nazca's equity contribution is in the range of €10 to €35 million, through significant majority or minority shareholdings, using prudent levels of debt financing.

Recent investments made by Nazca



Nazca helps companies grow from MBOs, MBIs and acquisitions.

The latest transaction was the purchase of Caiba's 75% in September. Caiba is a pioneering company in Spain in the plastic packaging sector, in the hands of the Baños family. This company, created in 1955, wanted to grow both internationally and nationally by increasing its customer base, developing and innovating new materials, products and formats, and entering new market segments. The entry of Nazca allows them to make investments to expand their capacity and achieve their objectives. Furthermore, Caiba does not rule out acquisitions to expand its product range.

This year Nazca has also entered through an MBO transaction into Juan LunaSpain's largest specialist in sliced and packaged charcuterie products. Juan Luna, has had sales of €54M in 2015, having recorded double-digit annual growth in the last four years. This company wants to make investments that will allow it to expand its current capacity and adapt its production facilities to the requirements of the growth project.

"Nazca also carries out MBI operations, whereby the management team gains ownership of the company of which it was not a part," says Diego Gutierrez, an expert in corporate finance. The last operation carried out through this process was the creation of FoodBoxto promote the Santagloria bakery.

Divestments in 2016


Nazca has recently divested Logofrio in favour of the founding family, García Villalobos, which has acquired Nazca's 44.6% stake. In the words of the company's CEO "having a partner like Nazca in our capital for eight years has been a very positive experience in all aspects and has allowed us to make a huge qualitative leap in the professionalisation of the management of each of the company's areas and to position ourselves as a clear national benchmark, thanks to the strategic acquisitions made during this period".

In May of this year, Nazca sold 100% of Imoncology's equity to the Australian group Genesis Care. Nazca entered the company in December 2011 and has made an investment of more than €15M for the growth of the firm since it bought it. In this sense, since the entry of Nazca in its capital, the company has experienced an increase in turnover of 20% in the last three years, reaching a figure close to €30M.

If you are looking for investors or do you want to buy or sell a company, contact us. Abra-Invest has an expert team at your service. Call us on + 34 946424142 or fill in the contact form.

Other posts that may interest you

Logicales, the systems integrator, is growing in analytics by buying Lantares and Trovus and does not rule out further acquisitions.

Swedish industrial automation communication company HMS buys Spanish company Intesis Software

The M&A Professionals

Meet our services



Do you want to be up to date?


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?