© Leaders League
Private equity fund GED Capital, which focusses on mid-market deals in Iberia has acquired the Madrid-headquartered visual communication and merchandising company Grupo OM from private equity fund Nazca Capital.
Grupo OM, which was founded in 1982, has 155 employees and EBITDA of almost €5 million in 2018. The business has a subsidiary in Mexico, which contributes around 25 per cent of its revenue.
GED Capital made the acquisition via its GED VI Spain fund.
GED VI Spain, like its predecessor GED V Spain, makes investments of between €15 million and €20 million in companies with EBITDA of €3 million to €7 million.
GED Capital was advised by Garrigues and KPMG, while Nazca Capital was advised by PwC and DLA Piper.
Enrique Centelles Satrústegui, managing partner of GED, said, “Our investment in Grupo OM, once again, demonstrates our commitment to Spanish medium-sized companies, leaders in their sector, which we will help to grow through internationalization and buy and build strategies.”
Alfonso Sebastián, CEO of Grupo OM, said: “GED’s entry will allow Grupo OM to continue the growth path we started with Nazca Capital in 2012. During this new stage we hope that the industrial and business DNA of GED Capital will allow us to boost international growth and sector consolidation to reach the full potential of our company.”