Diana Capital Expands Partnership With Andbank
Deal News | Apr 04, 2025 | Iberian Lawyer
Diana Capital has strengthened its shareholding structure by adding Andbank as a partner with a 14.5% stake. The transaction has been authorized by both the Comisin Nacional del Mercado de Valores (CNMV) and the Autoritat Financera Andorrana (AFA). This strategic move enhances Andbank's foothold in the private equity sector while consolidating Diana Capital's role as a pivotal player in the Spanish private equity market. With over €400 million in assets, Diana Capital aims to diversify its investor base further as it raises capital for its third private equity fund, Diana Capital III FCR. The transaction was facilitated by Andbank's internal team led by Pablo García Montas and Isabel García Díaz-Maurio.
Sectors
- Private Equity
- Investment Management
Geography
- Spain – Diana Capital is based in Spain and is a significant participant in the Spanish private equity market.
- Andorra – Andbank is an Andorran financial institution, and the collaboration involves authorization from the Autoritat Financera Andorrana.
Industry
- Private Equity – The article focuses on Diana Capital and Andbank, key players in the private equity industry.
- Investment Management – Diana Capital and Andbank are involved in managing and growing investment portfolios, emphasizing the relevance of investment management.
Financials
- 14.5% – Andbank's stake in Diana Capital
- €400 million – Diana Capital's assets under management
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Diana Capital | Target Company | Company | A Spanish firm specializing in investments in mid-sized companies and a key player in the Spanish private equity industry. |
| Andbank | Investor | Company | A financial institution based in Andorra, taking a 14.5% stake in Diana Capital to strengthen its private equity presence. |
| Comisin Nacional del Mercado de Valores (CNMV) | Regulatory Approval | Government | The Spanish financial market regulator, providing authorization for the transaction. |
| Autoritat Financera Andorrana (AFA) | Regulatory Approval | Government | The Andorran financial authority, which authorized the transaction involving Andbank. |
| Pablo García Montas | General Secretary, Lead of Andbank's In-House Team | Person | Led the execution of the transaction for Andbank. |
| Isabel García Díaz-Maurio | Head of M&A, Andbank | Person | Part of the in-house team at Andbank managing the transaction. |