Inova Capital sold by Torreal

Torreal CEO, Juan Abelló Gallo, has sold his 14% stake in the Spanish venture capital company.

The company was established in May 2000 by advisers from Torreal, Ibersuizas, GB Inversiones and Banco Pastor. It was created to be an independent venture capital management firm. The funds it controls are primarily invested in technology-focused businesses with high growth capabilities.  

Inova currently has six companies in its portfolio via its Inova Capital Management division, which include Zed Worldwide, Unitronics and Infinia.

UK-based fund, Greenpark Capital, currently holds a 68.75% share in Invoa, which it acquired in 2006.

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