ProA Capital Acquires Majority Stake in Grupo Amara

May 14, 2021

Spanish private equity firm ProA Capital has acquired a majority stake in Grupo Amara (Amara), a 60-year-old distributor of electrical material and supplier to the renewable energy and telecom sectors. Management, led by Pablo Arnús and Gonzalo Errejón, remain in place and retain a significant share; ProA's investment is intended to provide financial backing for growth and international expansion (notably the United States).

Buyers
ProA Capital
Targets
Grupo Amara (Amara)
Sellers
Anemona Logística, Existing shareholders / management
Industry
Energy
Location
Madrid, Spain
Transaction Type
Buyout

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