Suma Capital backs CS Energy
Spanish private equity firm Suma Capital has acquired Malaga-based biomass specialist CS Energy Spain (CSE) from French entrepreneur Jean Christophe Chalot.
Suma invested an equity ticket of €35m from its SC Efficiency & Environment Fund II; the deal values the company at around €100m.
Following Suma's acquisition, the company will be rebranded as Zero Waste Bioenergy.
The GP currently manages a €50m fund, Suma Capital Growth I, which targets Catalonian SMEs with EBITDA of at least €2m and deploys equity tickets of €5-15m.
Company
Headquartered in Malaga, CS Energy Spain specialises in producing renewable energy from biomass, primarily treating residues from olive oil production and pig farming. It employs 150 staff across five plants located in Andalusia and Castilla-La Mancha, and generates revenues of around €85m.
People
Suma Capital – David Arroyo (partner); Isabel Rayo (associate).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Czech Republic-headquartered family office is targeting DACH and CEE region deals
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds









