DC Advisory advises Corpfin Capital on the acquisition financing of Grupo Versus

Background

• Grupo Versus is a leading platform for state security forces’ official examinations in Spain
• Grupo Versus was founded in July 2024 through Corpfin Capital’s acquisition of the leaders in three verticals: Prefortia (Civil Guard), Jurispol (National Police) and Forvide (Penitentiary Institutions). Prefortia's shareholder reinvested in Grupo Versus partnering with Corpfin Capital in this project
• The objective of the transaction is to integrate the three companies, capitalize on synergies, and leverage Prefortia’s outstanding online capabilities to grow in all three verticals
• The project offers significant opportunities for inorganic growth, through acquisitions across Grupo Versus’ existing verticals and in new education segments
• Corpfin Capital has extensive expertise in integration/build-up projects, with a proven track record investing in companies like Preving Group (now Vitaly) or Palex. Corpfin Capital has also invested in leading education companies such as Kids&Us

Process

• DC Advisory acted as exclusive financial advisor to Corpfin Capital and Grupo Versus in the arrangement of its acquisition financing
• The process involved an initial phase to enhance the visibility of the opportunity before the acquisition and a final phase focused on the execution, selecting the best alternative for the shareholders and the proposed business plan
• A competitive process was carried out among various entities, evaluating three distinct alternatives, to enhance competition among lenders and provide flexibility to Grupo Versus
• The complexity of the deal stemmed from the need to coordinate with more than nine entities while securing financing within a highly compressed timeline to meet Grupo Versus’ execution calendar
• Funds were intended to finance the transaction and enable future acquisitions to drive inorganic growth

Outcome

• DC Advisory achieved outstanding results in meeting the financing goals and proposed calendar
• The process concluded with a hybrid financing structure under a Club Deal format, optimizing financing costs while maintaining the required flexibility for future payments or new acquisitions
• The transaction closed in December 2024