Grupo Recalvi Supports Ambitious Expansion with Abac Capital's Investment
Deal News | Jan 09, 2025 | Finance Community ES 2 - Corporate M&A
Abac Capital, through its Abac SV Fund II and Abac S Value II, has acquired a majority stake in Grupo Recalvi, a leading automotive parts distribution company based in Vigo, Spain. This strategic acquisition, overseen by Solventis, aims to consolidate Recalvi's position as the market leader in Spain and expedite its growth via further acquisitions within the sector. Grupo Recalvi currently operates 80 outlets nationwide, employs over 600 staff, and has a turnover exceeding €235 million. With Abac Capital's backing, the group intends to leverage Abac's extensive industry expertise in logistics and management to embark on an ambitious expansion plan. The advisory team from Solventis, including Miguel Barros, Pepe Cárdenas, Raquel Rodríguez, Sergio Marín, and Ignasi Zornoza, played a critical role in structuring and executing the transaction.
Sectors
- Automotive Parts Distribution
- Private Equity
Geography
- Spain – The primary location for Grupo Recalvi's operations and the investment activity by Abac Capital.
- Europe – Abac Capital brings expertise from across Europe to support Grupo Recalvi's expansion.
Industry
- Automotive Parts Distribution – Focuses on companies distributing automotive parts, as exemplified by Grupo Recalvi.
- Private Equity – Involves investment firms like Abac Capital acquiring stakes in companies such as Grupo Recalvi.
Financials
- €235 million – The aggregated turnover of Grupo Recalvi.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grupo Recalvi | Target Company | Company | A leading Spanish distributor of automotive parts, with over 80 locations and €235 million in revenue. |
| Abac Capital | Investor Company | Company | A prominent private equity firm investing in Spanish and European markets. |
| Solventis | Corporate Finance Advisor | Company | The advisory firm managing the acquisition process for Grupo Recalvi and Abac Capital. |
| Oriol Pinya | Leader | Person | Heads Abac Capital and drives the firm's investment strategies. |
| Miguel Barros | Lead Partner | Person | Partner at Solventis, leading the transaction advisory team. |
| Pepe Cárdenas | Director | Person | Director at Solventis, part of the key advisory team. |
| Raquel Rodríguez | Associate | Person | Associate at Solventis, involved in the transaction. |
| Sergio Marín | Senior Analyst | Person | Senior Analyst at Solventis, involved in the transaction. |
| Ignasi Zornoza | Analyst | Person | Analyst at Solventis, involved in the transaction. |