ProA Capital

With Flexstone's support, the business plans to further bolster its expansion, launch new products and boost its growth

Third deal made by ProA Capital Iberian Buyout Fund III, which closed on €475m in February 2019

Auction saw Ventura Equity, Towerbrook Capital Partners and Idilia Foods in the final round

ProA has drawn equity from its ProA Capital Iberian Buyout Fund III, which closed on €475m

ProA Iberian Buyout Fund III targets mid-sized companies with potential for internationalisation

Spanish GP ProA Capital and the company's founders will reinvest €75m through a capital increase

Vehicle is larger than its predecessor, ProA Capital Iberian Buyout Fund II, launched in June 2014

Sale ends a four-year holding period for Sandton, which bought the company out of insolvency

Following the transaction, Suanfarma's founder and CEO Hector Ara will stay on with the business

GPs merge portfolio companies to create consolidated medical transportation business

Deal is the first acquisition in Italy for Spanish fund manager ProA Capital

GP will provide €12.5m of additional capital as part of a capital increase

Spanish food producer to undertake international expansion strategy

Sale of Spanish business generates windfall for first buyout fund

Deal marks ProA's seventh investment

Grupo Ambuibérica, a company owned by Spanish private equity firm ProA Capital, has acquired fellow ambulance business Ambulancias Reus.