Abac acquires Heineken's Spanish subsidiary in MBO

unquote" sister publication Mergermarket previously reported that the deal was worth in the region of €10m. 

Abac is a Barcelona-based mid-cap private equity house managed by Oriol Pinya, Borja Martínez de la Rosa and Javier Rigau. It was spun out of Apax Partners Espana in 2015. The GP held a final close on €320m for its maiden vehicle in May 2016. This is Abac's fifth acquisition in Spain. 

Company
The Beer & Food business is Heineken Spain's casual dining and catering arm. The business manages some international licences such as the American hamburger chain Carl's Jr in Spain, Gambrinus, Cervecería Cruz Blanca, Official Irish Pub and the brands La Chelinda and Índalo Tapas.

People
Abac – Oriol Pinya (founding partner).

Advisers 
Equity – EY (financial due diligence); Baker & McKenzie (legal).
Vendor – Marimón Abogados (legal).

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• Southern Europe
• Buyouts
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