For the third consecutive year, Oquendo has been awarded by ASCRI with the best 2020 Direct Lending Deal Award in Spain

For the third consecutive year, Oquendo Capital received the award for the best Private Debt Deal in Spain for its investment in Grupo BC, a leading company in the outsourcing of banking processes. ASCRI has recognized Oquendo’s financing as instrumental for L-GAM, since it secured the acquisition of the Company and supported the development of the business plan, acquiring two companies: I-Ahorro (May 2017) and Qipert (January 2018).

Oquendo structured, together with the shareholders, a tailored financing providing the company with the maximum possible flexibility to finance the business plan.

Thanks to the financing structure granted by Oquendo, (i) the Company successfully carried out its business plan, becoming the undisputed leader in the outsourcing of banking and real estate services, increasing sales by more than 80% and EBITDA by 50%. During this years, the Company increased the number of employees by 60%, employing more than 3.800 people (+1.400 more people since L-GAM entered the Company), and (ii) the shareholder maximised its return.

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