Luceiro Capital Partners

Through the closed-end investment vehicle Luceiro Capital Partners I, we work with the capital of professional investment partners, including institutional funds, family offices and private investors, with a global reach and united with the objective of acquiring majority stakes in private companies located in Spain or Portugal; to subsequently get involved in the active management of the company and the creation of long-term value.

We differentiate ourselves from other investment models by offering entrepreneurs a flexible solution of capital and experience that allows them to make an orderly transition of their business in which their legacy and values are maintained. We offer the current owner the possibility of generating a tangible return on their effort or over time through a sale that generates liquidity, with the peace of mind of a continuity plan, and always with a quick and discreet decision-making process.

We provide a flexible capital and expertise solution to family-owned companies and institutional shareholders seeking a partner to help them provide continuity to their project and ensure a successful transition to a new stage of growth.

We bring operational, financial and strategic value to our partners. Our team and performance capacity make us different.

Luceiro Capital offers entrepreneurs a different alternative to traditional buyout solutions, designed to offer flexibility to the entrepreneur in the next stage of his career:

  • Competitive valuation of their business.
  • Flexible solution to buy 100% of the company or keep part of the current shareholding.
  • Possibility for the entrepreneur to continue working with the new team with capital and resources to see how his business grows and reaches new goals.
  • Commitment to all the people working in the company, customers, suppliers and other stakeholders.
  • Excellent reputation of the investment team accumulated after years of business management and deep knowledge of the investment world.
  • Multidisciplinary team with specializations in different areas.
  • Confidentiality and agility throughout the process.
  • Understanding of the challenges of the family owner and the entrepreneur.

Focused on creating long-term value

  • Componies with a history of good management and a well-defined strategy.
  • Ability to invest with a long-term horizon.
  • Capital generation for business expansion through committed institutional shareholders.
  • High-quality companies in sectors with favorable dynamics

  • Proven business models with sustainable competitive advantages.
  • Preference for sectors with structural and stable growth.
  • Cash-generating companies with attractive ROIC and growth prospects.
  • Investment flexibility

  • Ability to invest in a range of €5-30m (focus on €10-25m transactions).
  • Capital solution tailored to the entrepreneur and the company's objectives
  • No preferences regarding sector.
  • Solid management team, committed to the entrepreneur

  • Businesses with strong management teams.
  • Partners with the entrepreneur, with 100% aligned objectives
  • Focus on engaged employees and customer satisfaction
  • Financial characteristics of the company:

    • EBITDA between 1 and 5 M€
    • Significant profit margin (>10% EBITDA margin)
    • Growth history and cash generation
    • Good quality productive assets, and moderate debt levels

    Operational characteristics of the company:

    • Non-replicable competitive advantages
    • Recurring revenue
    • Fragmented customer base, with low turnover
    • Non-cyclical and growing industry
    • Low regulatory impact

    We seek new opportunities for our investors.
    We open new paths for entrepreneurs.
    Always with a rigorous approach.

    Transparency, confidentiality, and experience in the investment process.

    Our experience managing corporate operations allows us to carry out a solid, predictable and efficient process that facilitates the entrepreneur's decisions, with well-defined steps and times.

    The valuation and negotiation process prior to the acquisition can last from 4 to 6 months. After an initial conversation to get to know the entrepreneur as a person, and for him to introduce us to the company, we will proceed to value the company with the appropriate professional advice, always in a simple manner and without interrupting the company's operations. At all times we will manage the process in a transparent manner, and adapt to the entrepreneur's objectives to build a solution that generates value for all parties.

    • Initial conversation Presentation of the business and the Luceiro Capital project. Identification of interests. Design of an agile and dynamic work proposal. Signing of the confidentiality agreement (NDA - "Non disclosure agreement")
    • Preliminary assessment Compilation of the most relevant information on the company's strategy and finances. Understanding the company's vision for the future, shared between the entrepreneur and Luceiro Capital. Signing a Letter of Intent to Open Due Diligence (LOI)
    • Due Diligence Full collection of business information. Independent financial and legal assessment. Presentation of binding offer and resolution of queries.
    • Closing of the transaction Signing of the agreement, execution of the purchase payment in the agreed manner and beginning of the transition process towards the next stage of the company
    • Duration 4 to 6 months

    We are a committed investor, and our assessment criteria take into account how to improve our impact on the three ESG metrics: Environment, Society and Corporate Governance.

    Luceiro Capital has the financial and operational support of a local and international network of investors with relevant experience in the areas of management and investment in companies.

    Our group of investors has carried out more than 150 transactions, investing more than €3.2 billion in capital, and has managed more than 50 companies. They are committed to supporting partners throughout the process, both during investment discussions and during the management of the company

    Contact

    If you want to know more about Luceiro Capital, please do not hesitate to contact us.

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      Offices:

      Luceiro Capital de Inversiones SLU

      Avenida de Buenos Aires 5-6
      15004 A Coruña, Galicia, Spain
      +34 881 874 490

      Luceiro Capital Management Ltd

      29 Commercial Wharf, Island Row
      E14 7HU London, U.K.
      +44 777 958 6038