Uría advises Alantra on its acquisition of a stake in MCH Investment

Uría Menéndez has advised Alantra Partners on its acquisition of a 40 per cent stake in the alternative asset manager MCH Investment Strategies

Alantra and MCH Investment Strategies have reached an agreement whereby Alantra will acquire a 40% stake in MCH Investment Strategies and become its strategic partner to support its growth plans. Through this transaction, the partners of MCH Private Equity will exit the company’s shareholding structure after 12 years as minority shareholders. Upon completion of the transaction, which is subject to approval from the Spanish securities market regulator (CNMV), the firm will adopt a new brand and the executive team will retain a controlling interest.

“This transaction lays the foundations for a new growth phase for the firm by attracting a top-tier strategic partner, guaranteeing our independence and reinforcing our commitment to building a broad and solid long-term executive partner base,” said Alejandro Sarrate and Tasio del Castaño, founding partners of MCH Investment Strategies.

“MCH Investment Strategies is in a privileged position to scale its business in the coming years: a great management team that shares our entrepreneurial culture, a high-quality product offering and exclusive agreements with leading international alternative asset managers. We are very pleased with the agreement reached and look forward to working with Tasio, Alejandro and the entire MCH Investment Strategies team to help them achieve their growth plans,” said Santiago Eguidazu, CEO of Alantra.

The deal equity value has not been disclosed, but the target holds more than €3 billion in assets under management.

Uría Menéndez advised Alantra Partners on the acquisition and on the execution of a shareholders´ agreement with the management team holding the remaining 60 per cent with a Madrid office M&A – Private Equity team led by partner Francisco San Miguel (pictured left), and including senior associate Leonor de Osma (pictured right).

On the other hand, a King & Wood Mallesons’ team advised MCH. It was led by Madrid office Corporate partner Germán Cabrera, along with Corporate senior associate Victoria Ruenes.

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