Secondary Buyout • Financial Services

Cerberus Capital Management Acquires GCBE

On February 18, 2015, asset manager Cerberus Capital Management acquired financial services company GCBE from Miura Partners

Acquisition Context
  • This is Cerberus Capital Management’s 5th transaction in the Financial Services sector.
  • This is Cerberus Capital Management’s 1st transaction in Spain.

Explore All 192 Secondary Buyout Financial Services Deals - Search the Database Free


M&A Deal Summary

Date February 18, 2015
Target GCBE
Sector Financial Services
Buyer(s) Cerberus Capital Management
Sellers(s) Miura Partners
Deal Type Secondary Buyout

Target Company

GCBE

Barcelona, Spain
GCBE is an independent servicing platform in the unsecured consumer debt segment, specializing in the collection of all types of debts for financial institutions, corporations and distressed debt investors. GCBE was founded in 1980 and is based in Barcelona, Spain.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Cerberus Capital Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1992
PE ASSETS 55.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Cerberus Capital Management is a private investment firm that targets a wide range of global investments. Cerberus primarily looks for undervalued or distressed situations. Industry sectors of interest include aerospace and defense, apparel, automotive and industrial, building products, commercial services, consumer and retail, financial services, healthcare, manufacturing and distribution, paper, packaging, and printing, real estate, technology, telecommunications, transportation, and travel. In addition to private equity investing, Cerberus also provides corporate credit and acquires real estate. Cerberus was formed in 1992 by Steve Feinberg and is based in New York City.


Deal Context for Buyer #
Overall 45 of 93
Sector: Financial Services 5 of 9
Type: Secondary Buyout 5 of 17
Country: Spain 1 of 3
Year: 2015 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 FirstKey

New York City, New York, United States

FirstKey provides acquisition and property management services to a diverse portfolio of single-family rental homes across the United States. The services provided by FirstKey include leasing, rental collection, credit screening, repairs and maintenance, construction, renovation oversight services, and quality control. FirstKey was founded in 2015 and is based in New York City, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-21 Silverleaf Resorts

Dallas, Texas, United States

Silverleaf Resorts, Inc. owns and operates timeshare resorts across the U.S. with a wide array of country club-like amenities, such as golf, clubhouses, an indoor water park, swimming, tennis, boating, and many organized activities for children and adults.

Sell -

Seller Profile 1

SELLER

Miura Partners

Barcelona, Spain

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2008
PE ASSETS 1.2B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Miura Partners is a private equity firm that invests in companies located in Spain and Portugal. The firm focuses on small and medium-sized market companies with and enterpirse value of €15 - €60 million.Miura focuses on Miura is a generalist investor and will consider opportunities in any sector, however, the Firm will not invest in financial institutions or real estate. The firms invests in the range of €6 - €15 million transaction. Types of transactions include buyouts, capital development, corporte transactions and replacement capital. It seeks minority interest and also considers co-invests. Miura Partners was formed in 2008 and is located in Barcelona.


Deal Context for Seller #
Overall 4 of 15
Sector: Financial Services 1 of 1
Type: Secondary Buyout 1 of 5
Country: Spain 4 of 15
Year: 2015 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-21 TiendAnimal S.L.

Malaga, Spain

TiendAnimal S.L. is a retailer specialized in pet care products, pet food, hygiene products, and other accessories both on the online channel and through its network of stores. TiendAnimal was founded in 2006 and is based in Malaga, Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-02 Reefer Group

Ducey-Les-Chéris, France

Reefer Group is a manufacturer of trailers, semi-trailers and rigids. Reefer Group was founded in 2015 and is based in Ducey-Les-Cheris, France.

Buy -