Deal Announcement

DC Advisory advises the shareholders of Grupo Preving in the sale of a majority stake to Artá Capital

09 Okt 2019

Background:

  • Founded in 1998 and headquartered in Badajoz (Spain), Grupo Preving is the leading independent operator in the labour risk prevention sector in Spain
  • Grupo Preving offers a full range of health, safety & prevention (HS&P) services to large companies, SMEs and self-employed workers in Spain
  • In 2015, Corpfin Capital acquired a majority stake of Grupo Preving. At the same time, Grupo Preving acquired the prevention units from two mutual insurers: Catalonia-based Egarsat Prevención and Prevenna
  • Since the Corpfin Capital investment, Grupo Preving has acquired 12 businesses, leading the consolidation in the industry
  • Grupo Preving has sales of c.€66m
  • Artá Capital is a Spanish mid-market private equity firm sponsored by the financial and investment group Grupo March

Process:

  • DC Advisory (DC), led by Joaquín Gonzalo, was engaged as financial advisor to Grupo Preving’s shareholders to manage its sale process
  • DC worked very closely with the shareholders and management team to prepare a focused auction process addressing a limited number of selected financial investors

Outcome:

  • Artá Capital acquired a majority stake in Grupo Preving, while Corpfin Capital and the management team maintain a minority stake
  • The transaction was signed in July and completed in October 2019

Deal Team