SPAIN - L Capital launches Madrid base
French firm L Capital has set up shop in Spain. The buyout house, owned by luxury goods group LVMH Moet Hennessy Louis Vuitton, reportedly opened a Madrid office yesterday.
It is anticipated that the fund will replicate its strategy in France and Italy when it comes to deal sourcing in Spain. It will typically invest around EUR 15-50m per deal in medium-sized businesses in the lifestyle, fashion and decoration sectors. It is understood that the group will target companies generating revenues of up to EUR 500m.
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