Alantra is in the news. On Tuesday 23 August, the Asset Management firm specialising in the mid-market segment completed the acquisition of a 24.5% stake in the pan-European manager Access Capital Partners (ACP) from OP Financial Group for a cash payment of approximately 24.5 million euros. The operation took place after the pertinent regulatory authorisations had been obtained.
As Alantra announced during the presentation of its results for last year, it intended to increase its stake in ACP to 49% through the execution of an acquisition option (or call option) corresponding to an additional 24.5%, as agreed in December 2018. The remaining 51% of the firm remains in the hands of ACP’s executive partners.
Read the full article in Spanish.