M&A Deal Summary

Comess Group Acquires Lizarrán

On February 23, 2007, Comess Group acquired restaurant Lizarrán from Nazca Capital

Acquisition Highlights
  • This is Comess Group’s 1st transaction in the Restaurants sector.
  • This is Comess Group’s 1st transaction in Spain.

M&A Deal Summary

Date 2007-02-23
Target Lizarrán
Sector Restaurants
Buyer(s) Comess Group
Sellers(s) Nazca Capital
Deal Type Add-on Acquisition

Target

Lizarrán

Madrid, Spain
Lizarrán is a Spanish tapas restaurants with a total of 114 establishments in 2005, it was recognized as one of the most successful franchised concepts in Spain

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Buyer(S) 1

Buyer

Comess Group

Madrid, Spain

Category Company
Founded 1988
Sector Restaurants
DESCRIPTION

Comess Group operates a chain of ethnic restaurants in Spain, Portugal, Andorra, Italy, Turkey, France, Germany, Mexico, and the United States. Comess Group was founded in 1988 and is based in Madrid, Spain.


DEAL STATS #
Overall 1 of 1
Sector: Restaurants M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Spain M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Nazca Capital

Madrid, Spain

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 755M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Nazca Private Equity is an investment firm focused on investing in private, small and medium-sized Spanish companies. Nazca looks for businesses with value-added products or services, proven track records, leading market positions, and sustainable competitive advantages. Prospective companies generally have sales of €10 to €300 million. The Firm's target investment size is €7 to €50 million. Funds are typically used to support buyouts, growth capital financings, add-ons, and consolidations. Nazca began investing in 2001 and is based in Madrid.


DEAL STATS #
Overall 4 of 28
Sector: Restaurants M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 13
Country: Spain M&A 4 of 28
Year: 2007 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Acens Technologies S.L.U.

Alcobendas, Spain

Acens Technologies, S.L.U. is a web hosting provider for Spanish SMEs offering hosting and housing through its 5.000m2 datacenter facilities in Madrid and Barcelona and with a recurrent base of 50.000 clients of which a large number have long term contracts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 Grupo Dibaq

Fuentepelayo, Spain

Dibaq was the leading producer of aquiculture marine food and the second largest pet-food producer.

Sell -