December 2015: 100% of Grupo BC, the leading provider in Spain and Latin America of outsourcing services specialized in mortgage management procedures and asset management for financial institutions, real estate servicers and investment funds, has been acquired by L-GAM and its management team.
Through this transaction Miura an Talde divest their combined shareholding in Grupo BC (20% each). In addition, management team reinvests a significant portion of the proceeds received.
L-GAM is an international Private Equity Fund founded by ex-members of Bain Capital and Investcorp, in partnership with the Princely House of Liechtenstein.
The transaction was characterized by its complexity, involving several groups of shareholders and over 25 companies in 7 countries (Europe and Latin America).
SOCIOS has advised Grupo BC’s shareholders on the identification of the acquirer as well as the design, negotiations and closing of the transaction, via a competitive disposal process.
