Insights

While Spain’s mergers & acquisitions market is hitting a rough patch, the seven largest Spanish private equity funds have smashed their record for fees: €262 million in 2024. The driver? Not more deals (quite the opposite), but a surge in assets under management, now close to €15.6 billion. That allowed partners to pocket around…

In a Leveraged Buyout (LBO), the role of banks is essential. Not only because they provide a large part of the financing needed to acquire the company, but also because they act as strategic advisors, guarantors of the project's viability and neutral players who help to structure the operation with judgment and prudence. …

When a SME undergoes a change of management, because ownership has changed hands, there is one crucial factor: corporate culture. In this process, today's managers play a key role that goes beyond transmitting data or figures. It is necessary for them to step forward and "get involved" with their own criteria, sharing their experience, vision…

When you are in an LBO execution project, one of the important questions you have to ask yourself is whether to buy the company or a branch of activity. The difference is not only legal. It impacts risks, operational integration, contracts and especially tax aspects. If you acquire…

SearchFunds have been a very attractive option for entrepreneurs looking to acquire established companies for years. But the classic model is starting to fall short. The landscape is changing and this is where two approaches come in: Self-Funded Search. Here the entrepreneur goes all out from the start. First…