Go to deals
Private Equity | Real Estate

Ibertasa, S.A. has been acquired by Miura Private Equity and Charme

The founding partners of Ibertasa, S.A. have sold the firm to Charme Capital Partners (Charme) and Miura Private Equity (Miura). The private equity funds have also jointly acquired the Spanish appraisal companies Valtecnic and VTH. Financial details have not been disclosed.

Based in Madrid, Ibertasa is a leading Spanish real estate appraisal company. The firm, with 150 employees and a network of 600 external associates, completed over 77,000 appraisals for 20 banks in 2016.

With offices in Milan, London and Madrid, Charme Capital Partners is a private equity fund which invests across Europe, with particular focus in Italy, the UK and Spain. Miura Private Equity is a mid-market private equity firm based in Barcelona. Miura and Charme, which coinvest in the project with similar resulting stakes in the combined group, seek to benefit from the Spanish real estate market recovery and participate in a consolidation process going forward.

Oaklins' team in Spain acted as financial advisor to Ibertasa’s shareholders on the identification of acquirors, execution, negotiation and closing of the transaction.

Parties

Talk to the deal team

José Falgás

Partner
Madrid, Spain
Oaklins SOCIOS

Related deals

He-Man Dual Controls has been acquired by Lagercrantz UK Limited
Private Equity | Automotive | Industrial Machinery & Components

He-Man Dual Controls has been acquired by Lagercrantz UK Limited

Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.

Learn more
All Glass & Windows has been recapitalized by Cross Rapids Capital
Private Equity | Construction & Engineering Services

All Glass & Windows has been recapitalized by Cross Rapids Capital

Prospect Partners has sold All Glass & Windows (AGW) to Cross Rapids Capital.

Learn more
Transcon Developers Private Limited has raised structured debt finance
Real Estate

Transcon Developers Private Limited has raised structured debt finance

The transaction is a landmark resolution in the distressed real estate sector, involving a structured solution of US$64.6 million (INR5.5 billion) for a leading real estate developer in the Mumbai Metropolitan Region (MMR). The transaction was backed by a global special situations investor. The project had a total debt carrying value of approximately US$76.3 million (INR650 crore), of which US$29.4 million (INR250 crore) was deemed unsustainable.

Learn more