Managing Director at Sedal SA

Espiga is an active manager which invests in unlisted Spanish companies in all industrial and services sectors except real estate and finance, investing primarily in MBO, MBI, BIMBO, replacement capital, development capital and restructuring transactions.The firm typically seeks to invest EUR 3-30 million as sole investor and up to EUR 100 million in co-investment schemes with other venture capitalists in companies with an enterprise value of EUR 20-100 million. They take significant minority or majority stakes, seeking board representation and partnering with investee companies to help professionalize the management team, contribute to corporate strategy, implement their business plan, provide financial advice and help carry out possible restructuring to create value.Through their network of national and international contacts, Espiga aims to identify acquisition opportunities to support the development and expansion of their investee businesses.The firm's investment committee makes investment and divestiture decisions. Espiga generally holds an investment for four to six years before exiting through IPOs or trade sales.