GPF Capital backs Grupo Malasa in MBO

CaixaBank and Bankinter have provided debt to support the acquisition.

Malasa co-founders Antonio Perez Patino and Javier Perez Patino will retain a stake in the company and continue to lead the business after the completion of the transaction, Unquote understands.

The company will use the fresh capital to strengthen its long-term growth with the opening of new business lines and to expand globally by increasing its market penetration.

The GP drew capital from its GPF Capital II fund, which held a final close on €150m in October 2017. 

The firm told Unquote that it intends to deploy the fund's capital investing in seven to nine Spanish SMEs with an EBITDA in excess of €3m.

Company
Founded in 1992 and based in A Coruña, Malasa currently operates in more than 60 countries, reporting annual sales of €80m. The company designs, manufactures and installs furniture for shops, hotels and restaurants, specialising in interior, exterior and structural woodworking.

People
GPF Capital – Martín Rodríguez-Fraile (founder, managing partner).
Grupo Malasa – Antonio Perez Patino, Javier Perez Patino (co-founders).

Advisers
Equity – Uría Menéndez (legal); Fidentiis (corporate finance); Deloitte (financial due diligence).
Company – Cuatrecasas (legal); Windcorp (corporate finance); Translink (corporate finance).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Southern Europe
• Consumer
• Spain
• GPF Capital
• Deloitte