A Madrid independent sponsor. We do the sector work first, then anchor a platform and invite co-investors. Deal by deal, with our own capital next to theirs.
We’re not a fund. We originate our own theses and validate them with the operating team we pick for each thesis. Only then do we anchor a platform and invite co-investors. Deal by deal, with our own capital next to theirs.
How we investConviction is built before the deal exists. We do the sector work first and commit only once the thesis is proven.
We map fragmented mid-market sectors and build our own thesis. The operating team gets picked for the thesis, often during the deal itself, never before it.
Thesis before process · proprietary workWe anchor with a platform that’s already a regional leader. Audited accounts, durable margins, a complete management team.
Regional leaders · audited accountsDisciplined add-ons over five to seven years. Integration before more capital, never the other way round.
Integration first · then capitalGeneralist by design, sector-agnostic from Day 2. One discipline travels across borders: the search for the right thesis.
| Parameter | Scope |
|---|---|
| Geography | Iberia (Day 1), then France, Italy, Benelux, DACH |
| Operation | Build-up, carve-out, succession |
| Enterprise value | €5M – €30M |
| Hold horizon | 5–7 years |
| Structure | Independent sponsor, invited co-investment |
We carry one thesis to full ramp-up before opening the next. A sequenced pipeline, not a race to deploy.
Our Day-1 deployment. An independent platform in a fragmented technical-services niche, anchored in Iberia and built across continental Europe. The detail goes to invited co-investors.
A family-office-backed partnership. Both of us work side by side across the full cycle: origination, thesis, structuring, execution, and the relationship with co-investors.
Investment banking at Bank of America. Private equity at Ilanga Capital, where he co-led over €200M in debt and equity for build-from-scratch platforms. Co-founder of Mad Land. Manager of a multi-asset family office. Law and Business at ICADE, top of his class.
Two decades in private banking and wealth management at Bankinter and Banco Banif, advising high-net-worth families across private equity, real estate, and alternatives. He anchors our capital base and investor relationships. Economics at Universidad Autónoma de Madrid. M&A and PE programme at IEB.
Conviction is built before the deal. Capital arrives after, and only where the work has already been done.
