09/04/2012
QUALITAS EQUITY PARTNERS RAISE ITS SECOND FUND WITH €150 MILLION.
The private equity firm Qualitas Equity Partners, driven by Polanco and Pérez families, has raised its second fund amounting to €150 million. This second fund is expected to be completed later this year and it will be assisted again by Polanco-Pérez family, although this time with only a 10% representation. The private equity firm carried raised a first fund for the same amount at the end of 2003.
Qualitas has filed a return of almost 2.5 times the invested capital and an IRR of around 20% after 7 investments and 6 divestitures closed, still to complete the exit in Garnica Plywood. These results are thanks to profitable investments as the sale of Tuenti to Telefónica for €90 million in mid 2010 (see news), or the Alcasa 38% sale to Abengoa by 34 million (see news).
The plans of the private equity firm go to become strong in the SME segment and maintain flexibility to take majority or minority stakes, and their preference for companies with an important international and industrial factor whose businesses are not exposed to economic cycles and allowing to take a leadership position in its segment.
To carry out the investor raising process, Qualitas has hired Tim Reid, founder and former partner of TMR Strategic and Mvision ex-partner.