Acquisitions in Basque Country, Spain

Miura Partners has acquired Educaedu, a digital education and employment platform serving Spain and Latin America. The investment aims to strengthen Educaedu’s leadership in Spain, accelerate international growth, and further enhance its digital capabilities in partnership with the existing management team.

PAI Partners, through its PAI Mid-Market Fund (PAI MMF), signed an agreement to acquire a majority stake in Uvesco, a Spanish food retailer with a strong presence in Northern Spain and Madrid. The stake is being purchased from Uvesco’s current shareholders, who will retain a meaningful minority interest, and the investment is intended to support Uvesco’s organic expansion and M&A-driven growth plans. Uvesco will remain headquartered in Guipúzcoa in Spain’s Basque Country, subject to customary closing conditions.

Rolls-Royce signed a definitive agreement to sell 100% of ITP Aero to a Bain Capital Private Equity-led consortium for approximately €1.7 billion. The investor group includes Spanish co-investors SAPA and JB Capital, and the transaction is expected to close in the first half of 2022 subject to customary closing conditions and regulatory clearances.