Three Hills Capital Partners backs Goal Systems

The deal is a hybrid minority investment composed of both loan notes and equity.

The company intends to use the fresh capital to accelerate its growth, further develop its technological capabilities and pursue a buy-and-build strategy by completing selected strategic acquisitions.

The GP deployed capital from its Three Hills Capital Solutions III fund, which held a final close in February 2019 on €540m, exceeding its €400m target. The vehicle invests tickets between €30-70m in European mid-market businesses. It provides equity for minority stakes, as well as debt securities and supports companies that want to invest in growth but avoid dilution of ownership and control.

Company
Founded in 1992 and based in Madrid, Goal Systems is a provider of optimisation, planning and scheduling software for the transport industry, serving airlines, bus operators, railway, freight operators, metro and suburban train systems.

Its client base includes Renfe, RATP, LTA, Transmilenio, SNCB, PTC Riyad, Alsa Group, KeolisAmey Docklands and Metro Rio de Janeiro.

People 
Three Hills Capital Partners – Michele Prencipe (partner).
Goal Systems - Javier Mira, Jerónimo Garrido (founders).

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