Nazca sells its stake in IDP to Bureau Veritas: Advisors
Nazca Capital, a leading private equity investment firm in unlisted Spanish SMEs, has divested its stake in IDP, with Bureau Veritas becoming the Group’s new largest shareholder. This sale represents the third divestment of the Nazca Small Cap I Fund (raised in the first half of 2019) and comes after a growth project that has resulted in tripling its size since 2020.
In the new phase that begins, Bureau Veritas, a world leader in testing, inspection and certification services, will leverage IDP’s platform as a global technical center to expand its BIM and digital competencies internationally.
Advisors
Uría Menéndez advised Bureau Veritas on the transaction. The team is formed by: Eduardo Geli (partner), Ana Alós (partner), Guillermo Rey (principal associate), Helena Citores (junior associate), Marc León (junior associate) and Paula Ariche (junior associate); all from the Barcelona office. David López Velázquez (counsel) and Celia García Paredes (lawyer); all from the Madrid office.
Pérez-Llorca has advised Nazca witha team led by Carmen Reyna (corporate partner) and Gonzalo Sánchez-Quiñones (corporate senior lawyer). Alejandro Santamaría (corporate lawyer), Isabel Moya (labour partner) and Ignasi Montesinos (tax lawyer) have worked with them.
Image: Eduardo Geli (Uría Menéndez’ partner), Ana Alós (Uría Menéndez’ partner), Guillermo Rey (Uría Menéndez’ principal associate), Carmen Reyna (Pérez-Llorca’s corporate partner) and Gonzalo Sánchez-Quiñones (Pérez-Llorca’s corporate senior lawyer)
