Pinsent Masons advises Portobello on Supera sale
Pinsent Masons has advised Portobello Capital, an independent private equity firm focused on the mid-market segment in Spain and Southern Europe, together with the other shareholders of Grupo Supera, on the full divestment of the group through its sale to Ancala Partners.
Grupo Supera has built, over more than three decades, a platform for the management of sports facilities across the Iberian Peninsula. Operating under the Supera brand, the company combines the management of municipally owned facilities under concession arrangements with private clubs and 24-hour urban gyms. The group currently operates more than 30 sports centres across Spain and Portugal.
Portobello Capital has approximately €3.7 billion of assets under management, and focuses on acquiring and developing companies in their respective sectors while working with management teams on growth and value creation. Ancala Partners, the buyer, is an independent infrastructure fund manager investing in traditional, asset-backed infrastructure businesses. It manages over €4.8 billion across 24 investments in critical infrastructure sectors, with portfolio companies operating in 18 countries.
Legal team
The Pinsent Masons team in Madrid was led by corporate/M&A partner Antonio Sánchez Montero, with support from Álvaro Estrada Reina (senior associate), Alejandro Mas Deudero (associate) and Clara Ros Sáez.
