Actionable Insights for your M&A

Promofarma is a marketplace for parapharmacy products. This young company, founded in 2010, has become a benchmark in its sector. In the last 3 years, Promofarma has raised one round per year. In this latest round, investors have been the same as those who already participated in the company, which proves their satisfaction with the project.

Proa Capital is a Spanish investment fund, specialising in transactions  MBO and BUILD UP supporting the management teams of companies in complex processes of consolidation and integration in changing sectors and environments. Taking advantage of the fact that this September has been in the news for the purchase of 30% from Vips, we have made an analysis of [...]

Captio is a leading technology platform in Spain for managing travel and business expenses. Through an app, employees can digitise their tickets with a simple photo, which processes this data automatically thanks to the image recognition technology developed by this company that employs 50 people.

According to the Ascri report "2016 Venture Capital & Private Equity in Spain", Spanish fundrasing by private entities experienced a certain slowdown compared to 2014, reaching a figure of €1,481M. If we add to this figure the resources raised by public entities and the application of international resources when making their investments, the total amount of funds raised was €3,359M. Although this figure is considerably lower than in 2014, it is considerably higher than the funds raised during the crisis period.

Mab companies have started the new year with growth. Some, such as Eurona Wireless, have carried out capital increases with the aim of financing acquisitions, others, such as Agile Content, have announced the purchase of companies. Inkemia has also increased its shareholdings in its group companies through capital increases.

InfoVista is a provider of network performance management software solutions for mobile communications service providers, operators and IT companies. In May 2016 Apax Partner acquired the company, which has provided it with the necessary liquidity to be able to realise acquisitions. It has already started to make acquisitions and plans to make more in the near future.

In the last week we have learned that Renault-Nissan and Google have made acquisitions in the Software sector to improve their business.

Airbnb, the platform for booking accommodation from local hosts in more than 191 countries, has once again made a purchase and this time it is a Spanish company, Trip4real. This startup connects travellers with local people for activities.

The success of this H2020 SME Instrument programme since 2014 has led to an increase in the 2017 budget to a total of M 437.5€.

In the last three months, we have detected operations in the winery sector with the aim of growing internationally. As many foreign companies have decided to invest in Spain as Spanish companies have invested abroad. In addition, a private equity fund, Qualitas Equity Partners, has also seen an opportunity in the food sector and has invested in Vintae.

The German group Fresenius Helios, after the acquisition of Quirón, the Spanish leader in private hospitals, will control around 10% of the private hospital network in Spain. Some 43 hospitals, with annual sales of around €2.3 billion.

Cabiedes has recently entered the capital of Tviso, an aggregator of on-demand television platforms. We take a look at the investments that Cabiedes and Partners have made in the last year.