Luis is co-founder and Managing Partner at Miura Private Equity. Since 2008, he has been Chairman of the board at Noa Visual Group, Gescobro and Guzmán Gastronomia, as well as board member at Proytecsa, GH, TVC and TiendAnimal. Before this, and since 2001, he was Principal at Nazca Private Equity in Madrid, where he was involved in numerous mid-market private equity transactions.
In 2000 Luis was part of the founding team at IP Powerhouse, a €135m technology venture capital project backed by Capvest, JP Morgan and Deutsche Bank in London. Luis began his career at Arthur Andersen in Barcelona and Intercontinental Plc in Brussels and London.
Luis has a degree in Business Administration from the IQS School of Business at from the Universidad Ramon Llull in Barcelona, and has completed postgraduate courses at Yale University and IESE Business School.
Before co-founding Miura Private Equity in 2007, Juan spent nine years in the investment banking division of JP Morgan as part of the utilities group in London and the Spanish mergers and acquisitions team in Madrid, participating in some of the most important corporate deals in recent years.
Juan’s career began with three years as a production and quality engineer in a family business that was founded in 1898 and acquired by Alcoa in 1998.
Juan is an Industrial Engineer from the Universidad Politécnica de Cataluña, has an MBA from IESE Business School and has completed graduate courses at Harvard and Wharton.
Jordi joined Miura Private Equity in 2007 from Mercapital, where since 2005 he had been involved in numerous investment projects and monitoring the company portfolio.
He previously worked for Morgan Stanley in London in the Mergers and Acquisitions division and Capital Markets, and was also a civil engineer at the FCC Group.
Jordi is a Civil Engineer from the Universidad Politécnica de Cataluña and a Bachelor of Business Administration from HEC Paris.
Juan Eusebio joined Miura Private Equity in 2011 as Operating Partner, where he works closely with the management teams of the participated companies. Previously, in the 1990s, he was one of the founding members of Cluster Consulting, which was bought by the Chicago based Diamond Technology Partners in 2000.
His career began as a strategy consultant at The MAC Group in Barcelona/Madrid, and Gemini Consulting in London. More recently he was CEO and shareholder at Santa & Cole and NODE. He has also been actively involved in a diverse range of companies as an executive advisor and business angel; he has also been a board member of several non-profit organisations.
Juan Eusebio has an Economics and Business Administration degree from the Universidad Central de Barcelona, and an MBA from INSEAD (Fontainebleau).
Before joining Miura Private Equity in 2010, Carlos spent three years at the Iberian office of The Boston Consulting Group. There, he worked in a wide variety of projects in the Energy, Telecom and Financial Services industries.
Carlos had previously worked in the M&A division at Morgan Stanley in London. He has also experience in the Distressed Debt Servicing industry in Latin America.
Carlos earned an MBA from the Harvard Business School and holds a Business Administration degree from ESADE.
Before joining Miura Private Equity in 2014, Alberto worked at BBVA’s Corporate Finance team in Madrid for 3 years. He was involved in a variety of transactions in the industrial, TMT and infrastructure sectors.
Previously, he worked at Deutsche Bank’s M&A team in London, where he was focused on advising banks and insurance companies.
Alberto holds a Master degree in Business Administration from ESADE.
Fernando joined Miura Private Equity in 2015 from Advent International, where he worked since 2006 both in their London and Madrid offices. He was involved in numerous investment projects and was in charge of monitoring the company portfolio focused in Industrial, Healthcare and Business Services.
He previously worked at Deloitte’s M&A team in Madrid, where he started his career.
Fernando holds a double degree in Law and Business Administration from Universidad Carlos III in Madrid.
Before joining Miura Private Equity in 2012 Guillem worked for the strategic consulting company McKinsey&Company in Madrid.
Guillem holds a degree and a Master in Business Administration and Management by ESADE, Barcelona, and studied Engineering and Physical Science at the Universidad Politécnica de Cataluña and the Universidad de Barcelona, respectively.
Before joining Miura Private Equity in 2013, Carles worked at Morgan Stanley in London, in the Capital Markets division.
Carles earned an Industrial Engineering degree from Universidad Politécnica de Cataluña and a Business Administration degree from HEC Paris
Before joining Miura Private Equity in 2014, Samuel worked at the Private Equity firm GMT Communications Partners in London. Samuel had previously worked at the technology fund of The Carlyle Group, based in London.
Samuel holds a Bachelor of Business Administration from ESADE, Barcelona.
Before joining Miura Private Equity in 2016, Ignacio worked for two years at the infrastructures fund Allianz Capital Partners in London, where he was involved in a variety of investment projects in the infrastructures and energy sectors.
He previously worked at UBS´s M&A team in London, specialized in transport and infrastructures.
Ignacio is a Civil Engineer from the Universidad Politécnica de Cataluña and holds a Business Administration degree from HEC Paris.
Clàudia joined Miura Private Equity in 2009 from Deloitte, where she worked since 1998 in the audit division and performed duties as a manager.
Clàudia holds a degree in Economics and Business Sciences from Universitat Pompeu Fabra in Barcelona.
Marta joined Miura Private Equity in 2007 from Tokio Marine, where she worked as Executive Assistant. Prior to that, Marta worked for the Economic Crime Department of the City of London Police for over five years as a member of the Management Team.
Marta holds a degree in Translation and Interpreting from Universidad Autónoma de Barcelona and a Postgraduate Translation Course from City University London.
Dunia joined Miura Private Equity in 2011 from Best Course Educational Consultancy Services, where she worked since 2004 as the Director of the Work Experience and Internship Programmes abroad.
With professional training in Tourism and Public Relations, she previously worked as tourism consultant in the Jordan Tourism Board and in the Philippines Tourism Department, where she started her professional career as consulate officer of the Philippines Consulate General in Barcelona.
Claudia joins Miura Private Equity in 2017 from Grupo Cooltra, where she worked as Communication Manager from 2015.
Claudia holds a degree in Advertising and Public Relations from Universitat Oberta de Catalunya, and a master in Protocol from Blanquerna-Ramon Llull School of Communication.
Marta joined Miura Private Equity in early 2017.
Previously, Marta worked in the legal department at Telegraph Media Group and Aspen Insurance Re Ltd in London.
Marta has received training in Accounting and Paralegal Studies and she holds a degree in Assistant Manager from INSA and a postgraduate certification in marketing.
|Business||Design and manufacture of Visual Merchandising products for the fashion retail sector|
|Deal type||Management Buy-In|
|Year of investment||2008 (Grupo Atrezzo)
2009 (Marcelo Vilá build-up)
|Business||Credit management services|
|Deal type||Management Buy-Out|
|Project||Local consolidation, launch of new business units|
|Year of investment||2010 (Gescobro)
|Business||Outsourcing services (BPO)|
|Deal type||Growth capital|
|Project||Local consolidation and international expansion|
|Year of investment||2010 (Grupo BC)
2011 (Cibergestión, Latam)
|Business||Design and manufacture of security products|
|Deal type||Buy-In Management Buy-Out (BIMBO)|
|Project||Product development, international expansion|
|Year of investment||2009|
|Business||Design and manufacturing of turnkey induction heating equipment|
|Deal type||Management Buy-Out (MBO)|
|Year of investment||2012|
|Business||Production and distribution of fresh products to the HRI channel|
|Deal type||Management Buy-Out (MBO)|
|Project||Local consolidation and diversification into new product ranges|
|Year of investment||2011 (Guzmán)
2012 (Solé Graells build-up)
2013 (Ivorra build-up)
2013 (Eurobanan build-up)
2014 (Sergi Fruit build-up)
2014 (Fruites i Queviures Vallès build-up)
2015 (Cuttings build-up)
2016 (build-up de Mundofruta)
|Business||Design, manufacturing and sale of containers and services to the waste collection industry|
|Deal type||Management Buy-Out (MBO)|
|Year of investment||2012 (Contenur)
2013 (Contemar Ambiental build-up, Brazil)
|Business||Design and manufacture of visual merchandising products|
|Deal type||Management Buy-Out (MBO)|
|Year of investment||2014
2015 (Falcon Industries build-up)
|Business||Retail distribution of pet care related products and stores network growth|
|Deal type||Growth Capital|
|Project||International Expansion and growth of network of stores|
|Year of investment||2014|
|Business||Design, manufacture and marketing of customized refrigerated trucks and semi-trailers|
|Deal type||Management Buy-Out (MBO)|
|Year of investment||2015 (Sor Ibérica)
|Business||Developing and marketing of educational programs|
|Deal type||Growth Capital|
|Project||Local consolidation, international expansion and product development|
|Year of investment||2016|
|Business||Production and marketing of conventional and organic citrus|
|Deal type||Management Buy-Out (MBO)|
|Project||International expansion and product development|
|Year of investment||2016 Martinavarro
2017 Rio Tinto
|Deal type||Management Buy-Out (MBO)|
|Project||Consolidación nacional y desarrollo tecnológico|
|Year of investment||2017|
Miura Private Equity has closed its third fund, Miura Fund III, at its hard-cap of 330 million euros, coinciding with the tenth anniversary of the firm.
Miura Fund III has received strong support from institutional investors across Europe, the United States and Asia, including insurance companies, pension funds, university endowments and funds of funds, as well as local family offices, who will continue to support Miura´s investment strategy based on entrepreneurship and business transformation.
Miura Private Equity and Demeter Partners sell Contenur to private equity firm ACON Investments, a US leading mid-market private equity firm.
Since Miura acquired Contenur in 2012, the company has grown from sales of €76 million to over €100 million in 2017, becoming one of the European leaders in the design, manufacturing and sale of containers and services to the waste collection industry.
Miura Private Equity and Charme Capital Partners have completed the acquisition of the real estate appraisal companies Ibertasa and Valtecnic, in order to boost their development and consolidate their positioning in the national market.
Ibertasa and Valtecnic, with headquarters in Madrid and offices across Spain, were founded in 1992 and 1984, and reached sales of 20 million and 23 million euros respectively in 2016. Both appraisal companies will continue to operate independently.
Miura Private Equity has integrated Rio Tinto, the European leading company in the production of organic citrus, with its portfolio company Martinavarro, the European leader in the production and marketing of conventional citrus, to create Citri&Co, Europe´s leading citrus group.
Citri&Co aims to be the best world leader citrus supplier, with 500,000 tons of citrus produced annually, 6 packing houses, 8,000 hectares and sales of 325 million euros.
Miura Private Equity has closed the sale of Guzmán Gastronomía to Bidcorp, one of the global leaders in the foodservice market with sales over €10 billion.
Since Miura acquired Guzmán in 2011, the company has grown from sales of €34 million to expected sales of over €100 million in 2017, becoming the undisputed market leader in Spain.
Miura Private Equity has sold its stake in GH Induction Group, a global leader in the design and manufacturing of turnkey induction heating equipment, to ParkOhio Holdings, a US headquartered and publicly traded industrial holding with leading businesses in engineered products, supply technologies and assembly components.
During Miura’s holding period (2012-2016), GH Group has consolidated its leading position within the European market, and strengthened its exposure to emerging markets, focusing on India and China.
Miura Private Equity invests in Tekman Books, the Spanish market leader in developing and marketing innovative programs for infant, elementary and secondary education.
Miura will support Tekman on its expansion, with a focus into Latin America, as well as to reinforce its presence in Spain and to develop new educational programs.
Miura Private Equity has acquired an equity stake of 25% in Martinavarro, the European leading producer and distributor of citrus fruits, to enhance the firm’s growth nationally and internationally.
The transaction reinforces Martinavarro shareholder structure and will strengthen the group’s organic and inorganic growth, diversifying the supply base in both Northern and Southern hemispheres and creating the world leader in citrus fruits distribution.
Miura Private Equity has been awarded the prize for best growth capital transaction in 2015 during the 9th edition of the Spanish Private Equity & Venture Capital Awards organised by the Spanish Association of Capital, Growth and Investment (ASCRI in Spanish). The award recognizes Miura´s investment in Grupo BC between 2010 and 2015, and its subsequent sale to L-Gam last December.
Miura and Talde Gestión joined Grupo BC in December 2010. After five years as shareholders, Grupo BC has strengthened its leadership in Spain and successfully completed ten acquisitions, while it has launched new lines of business representing 33% of its current income, entering new markets and becoming a leader in Latin America.
Miura Private Equity acquires Chereau, specialist in custom-built refrigerated semi-trailers and prominent French market leader.
Miura integrates the French company Chereau and the Spanish SOR, which was acquired on November 30th 2015, to create The Reefer Group, a large European group specialized in the design, manufacture and marketing of refrigerated trucks and semi-trailers, with more than 1,000 employees and an aggregate sales volume exceeding 220 million euros in 2015.
Miura Private Equity has announced the sale of its share in Grupo BC, the leading provider in Spain and Latin America of outsourcing services (BPO) specialized in mortgage management procedures for financial institutions, to L-GAM.
L-GAM is an international investment company managed by professionals with relevant experience in BPO, in partnership with the Princely House of Liechtenstein and other international investors.
During Miura´s holding period (2010 – 2015), Grupo BC has significantly outperformed the market reaching sales close to €100 million and almost tripling its EBITDA.
Miura Private Equity has acquired SOR Ibérica together with the company’s management team via a management buyout (MBO).
SOR Ibérica is the leading Spanish company in the design and manufacturing of customized refrigerated semi-trailers, mainly targeted towards distribution and logistics companies.
With Miura’s entry, SOR will further consolidate its leadership in Spain and boost its international expansion in European markets where the company has historically had a strong presence such as Italy, the Netherlands, Scandinavia and the UK, and in regions with a high growth potential like Eastern Europe or Northern Africa.
Miura Private Equity has acquired 100% of the foodservice company Cutting’s. The investment firm, that already owns another company operating in the same sector, Guzmán Gastronomía, will integrate both companies to create a new group with expected sales to be above €70 million in 2015.
The new group, that will become the largest fresh products supplier to the foodservice sector in Spain, will benefit from Miura's operational, strategic and financial know-how as it continues to expand in Spain and internationally.
The Visuality Corporation (TVC), Miura Private Equity’s portfolio company and the world’s leading manufacturer of high-end visual merchandising products for retail stores, has acquired Falcon Industries (Falcon).
This acquisition represents an important step in TVC’s expansion, both in terms of incorporating new visual merchandising products and solutions, as well as covering new niches within the retail environment such as consumer electronics, groceries or cosmetics.
Miura Private Equity has sold Gescobro, a leading independent servicing platform in the unsecured consumer debt segment in Spain, to affiliates of Cerberus Capital Management, L.P. (“Cerberus”), one of the world´s leading private investment firms, with more than US $25 billion under management.
This transaction partners Gescobro with Cerberus, a long-term investor in the Spanish market, and will support Gescobro’s continued development as a world-class financial institution focused on client and customer service.
Miura Private Equity has acquired a 51% stake of Tiendanimal, a leading Spanish based specialty retailer of pet care products, through a capital increase. The founders and the management team will continue to lead the project, whilst controlling the rest of the capital.
With Miura's entry, the company will focus on strengthening its leadership in the online business in Spain, expand its network of stores, and accelerate its international expansion in countries such as Portugal, France and Italy.
The Visuality Corporation (TVC) is the world’s leading manufacturer of high-end visual merchandising products for retail stores, with presence in Europe, North America and Asia. TVC becomes the first investment done through Miura Fund II, latest Miura’s fund closed last August 2014 at the hard-cap of €200m.
Miura intends to continue developing the company by entering new markets within the visual merchandising sector and consolidate its leadership position in markets where it already operates, both organically and through selective acquisitions. In 2013, the company generated sales over €70m and employed over 270 people.
Miura Private Equity has closed its second fund, Miura Fund II at its €200m hard cap.
The fund has been subscribed by European and North American institutional investors and consolidates the firm in the Spanish private equity market, with total assets under management of €300 million.
Miura Fund II will continue the strategy successfully implemented by Miura since the establishment of the firm in 2007: targeting local market leaders and working hand-in-hand with their management teams to professionalize their structures, consolidate their markets and expand globally.
Miura Private Equity has sold Noa Visual Group to investment company Porterhouse Investors. Following the acquisition, the management team has strengthened its shareholding and continues to lead the company in its international expansion and development, while Miura maintains a minority shareholding. Remaining shareholders Talde Capital Riesgo and the founders have sold their entire holding.
With this acquisition Noa gains an investor whose expertise enables continued consolidation of the company's operations in Asia, as well as in territories such as the US where the company already markets its products.
Contenur underlines its commitment to expansion into high-growth markets with the acquisition of 51% of Environmental Contemar, the first company to specialize in the marketing and maintenance of waste containers in Brazil.
This is an important step in Contenur's international development strategy, following the 2012 establishment of a plant in Poland - the first to manufacture containers in Eastern Europe. This latest acquisition enables Contenur to position itself in a Brazilian market with annual growth to 2012 of over 30% and excellent potential for the future.
Venture capital firm Miura Private Equity has undertaken a capital increase in Gescobro to support its acquisition of Unitas.
This makes Gescobro one of Spain's largest credit management and debt recovery companies, with a debt volume in excess of €3,000 million and a staff of more than 300 employees in Madrid and Barcelona. The acquisition comes at a particularly crucial time in the Spanish financial sector, with expected growth in NPL portfolios and increased demand for highly professional outsourcing services.
Venture capital firm Miura Private Equity has acquired GH Induction Group and its executive team through a management buy-out (MBO). The company was previously owned by Corporación IBV, and the terms of the deal are confidential.
This enables GH to boost international development projects including a new plant in India that is three times the size of the previous one. GH is also able to increase the production capacity of its China plant and develop the US subsidiary acquired in 2010, specializing in equipment for the aerospace and medical sectors.
Miura Private Equity and Demeter Partners have taken a joint majority stake in Contenur, replacing Investindustrial. The current management team retains its shareholding and continues to lead the company into the future at executive level.
The strategic priorities for Contenur are to consolidate its presence in markets with high growth potential. Particular emphasis will be on Poland, where it recently opened a manufacturing plant to meet the changing needs and directives of the region, but efforts will also be directed towards other growing regions such as Latin America and North Africa.
Guzmán Gastronomía consolidates its position as a leading food service provider to the Spanish hotel and restaurant sector with the acquisition of leading restaurant supplier Solé Graells.
This move strengthens the company's position as a market leader, increases its presence abroad and enables better service provision alongside an expanded product range.
Guzmán Gastronomía is controlled by 65% equity holder Miura Private Equity. The management team, led by Joaquín Arasanz, with Tomás Corredor and Ramón Llagostera, holds the remaining 35%.
Grupo BC, southern Europe's leading mortgage BPO and banking services company, has taken capital control of Cibergestión, market leader in Mexico, Chile, and Colombia. The company has already begun operations in Brazil, offering services to established Spanish companies and local banks throughout the area.
This move is an important step in Grupo BC's plans for strategic international expansion, a plan with came into being with the 2010 acquisition of Grupo BC by Miura Private Equity and Talde Capital Riesgo.
The company anticipates sales of more than €70 million in 2011, and already employs more than 1,500 people in 8 countries.
Miura Private Equity has acquired 65% of Guzmán Gastronomía, leading developer and distributor of products in the HORECA channel. The buy-out sees the management team strengthening its position with the remaining 35% holding.
This new phase in the company's history ushers in plans to consolidate its position as market leader with emphasis on the latest product range as well as other innovative solutions for the highly demanding gastronomic market. Guzmán also plans to increase its market share by acquiring companies that will complement their business model.
Miura Private Equity and Talde Capital Riesgo have jointly secured 40% of Grupo BC. The deal structure was based on a capital increase to finance upcoming acquisitions, and to replace the minority partner Innova Capital. The existing management team retains 60% of the company, and will lead the company into the future.
Despite recent market corrections, BC has continued to show double-digit growth. This new period will see continued focus on strengthening the domestic market through organic growth and acquisitions, and expanding operations into the rest of Europe and Latin America.
Venture capitalist Miura Private Equity has acquired Gescobro, the leading credit management company. The deal was structured via a management buy-out, with Miura joining the company's capital management team.
Plans for the future include fostering relationships with large clients in banking and savings, large telephone/utilities companies and medium sized enterprises. Continued international expansion is also planned, following the opening of a Portugal office in 2008. Development of the business will include significant staff increases to expand management capacity in a market where outsourcing of recovery platforms is increasingly common.
Miura Private Equity announces the creation of Noa Visual Group, Europe's new leader in visual merchandising, focusing on national brands, international fashion, large department stores and multibrand shops.
Noa Visual Group comes about with the integration of Marcelo Vilá (recently acquired by Miura) and Grupo Atrezzo (purchased by Miura in 2008). It brings the company into line with Miura's aim to create a strong group that is able to respond to new challenges in the retail market with a growing need to customize and differentiate the offering at point of sale.
Miura has allocated a total of €30 million to the project.
Miura has acquired 60% of Proytecsa, the company at the forefront of advanced security products and solutions.
This investment in Proytecsa is part of Miura's plan to consolidate the company's position nationally, with increased penetration into markets such as rail and civil engineering. It also aims to expand the company's international reach in Europe and the Middle East, building on existing arrangements with local distributors. These relationships are based on Proytecsa's portfolio of the latest technologies and an ambitious R&D programme representing more than 5% of annual sales.
Miura Private Equity has become a shareholder in Grupo Atrezzo, Spain's leader in the world of window dressing marketing and design.
The investment is part of Miura's plans to build a strong visual merchandising business across Europe. Total investment is €30 million, and represents the first step. The aim of the project is to meet the new challenges posed by large fashion chains and multi-brand stores to enhance both their image and the customer experience.
Last month Miura Private Equity closed Miura fund I with an estimated value of €100 million. This is the first fund under the management of Miura, founded in 2007 by Luis Seguí and Juan Leach. Miura has attracted a broad base of investors, most significantly institutions including BBVA and Massena Capital Partners, and also private entities such as Reig Capital Group, Andosins Capital, the Botet family and Stevenson Family Investment.
The objective for Miura is to invest in medium-sized companies over the next four to five years, mainly in Spain and Portugal, and talks are already in progress with several companies.