Overview:

Established in 1997, Dinamia Capital Privado SCR, SA. is the first listed private equity investment company in Spain and invests in companies in the Spanish and Portuguese markets. The company is managed by N+1 Private Equity SGECR, SA. N+1 Private Equity SGECR manages funds c. € 700 million (at end June 2009). Since 2002, Dinamia has been able to invest in a wider range of opportunities as N+1 Private Equity raises private equity funds to co-invest with Dinamia on a 50:50 basis.

Dinamia invests in companies with an enterprise value ranging from € 50 to €300 million, making equity investments between €15 and €60 million per deal. Dinamia searches for companies in the top quartile in their sector or those operating in specialised market niches. Its diversified portfolio is orientated towards service businesses, but it considers any sector except for financial services and real estate. Its average holding period is 4.3 years.

It operates through taking majority stakes in management buyouts, management buyins, leveraged buyouts, spin-offs and public-to-private offerings. Dinamia specialises in buy and build investments in the Spanish midmarket.

Objective:

Dinamia’s overriding goal is to provide its shareholders with a tax efficient opportunity for investment in a diversified portfolio of unlisted companies, combined with the transparency and liquidity benefits of investing in a listed vehicle. It seeks to achieve absolute returns for shareholders.