Nexxus Iberia invests in Spain's Grupo Bienzobas

Nexxus Iberia Private Equity Fund I, FCR has confirmed an investment in oncology services company Grupo Bienzobas.

Posted Monday, February 24th 2020
Nexxus Iberia invests in Spain's Grupo Bienzobas

Alejandro Diazayas

It is the fifth investment made by the fund.

Founded in 2000, Grupo Bienzobas provides oncology services to insurance companies and hospital groups.

It works with a network of more than 100 professionals across Spain providing services in 19 provinces. It also has care centres in Córdoba and Jaén.

Nexxus Iberia was advised in the transaction by EY (legal), PwC (due diligence), Attalea Partners (environmental, social and governance) and GBS (financing). Clemente Jiménez Ontiveros Abogados was the legal advisor to the sellers.

Alejandro Diazayas, Nexxus Iberia partner said: "We have full confidence in the potential of Bienzobas. The company has positioned itself as a leader in the sector, which gives it great potential to increase penetration in Spain and expand internationally. In addition, we are very happy to have partnered with the founders and a group of co-investors who are very knowledgeable in the industry and will bring great value to the project".

Bienzobas founder Eliseo García said: "We are very excited about the entry of Nexxus Iberia as a partner. We are convinced that it will allow us to promote the project in many ways, and will help us to grow and offer our services in other countries in the European Union and Latin America".

Earlier this year, Nexxus Iberia confirmed it had invested in logistics company Maresa Logística.