Miura Partners, a Barcelona, and Madrid, Spain-based private equity firm, closed its fourth flagship fund, Miura Fund IV, at €475m.
In addition to Fund IV, earlier this year, Miura closed its debut impact fund with commitments of €135M, and Dent&Co, a €200M single asset continuation fund established to support continued growth in portfolio company Proclinic Group.
Fund IV will build on Miura’s long history of partnering with family-owned businesses and SME’s in niche industries across Spain and Portugal. Investing equity tickets ranging from €20-50 million plus co-investment, the fund aims to acquire controlling stakes in companies in established sectors where Miura has expertise, including healthcare, education, business services, consumer goods and industrial niches.
Fund IV has already invested in two companies: Serpis-Cándido Miró, a Spain-based company which specializes in the distribution of branded and unbranded olives; and Proclinic Group, a specialized dental distributor in Spain and Europe; alongside Dent&Co.
Miura Impact Fund, the firm’s inaugural impact vehicle, was established to invest in small caps targeting the sustainability megatrend in three impact themes: Healthier Lives, Thriving Communities and Regenerative Planet. The fund invests equity tickets ranging from €5-15m plus co-investment into high growth businesses. MIF has invested in four businesses to date: Tierra, Spanish player in the creation and maintenance of sustainable green spaces; Wikiloc, provider of a navigation software and community platform for outdoor activities; GasN2, producer of energy efficient onsite industrial gases; Bianna, multinational provider of technologies for waste treatment and waste-to-energy/value.
FinSMEs
27/09/2024