Investment strategy

Private equity funds

We provide financing for private equity funds that aim to optimize returns in LBO/MBO transactions. Oquendo has long standing relationships with all financial institutions which ensures a swift and successful execution. Additionally, Oquendo provides preferred equity and/or debt to private equity owned companies that require growth capital or to private equity funds that require additional investment capacity.

Family owned businesses

Oquendo partners with family owned businesses that seek funds for growth, acquisitions or shareholder reorganization. Our long term flexible capital allows companies and their shareholders to fulfil their strategic objectives without incurring in additional debt, minimizing dilution and retaining management control.

Minority shareholders

We work with minority shareholders that are willing to increase their equity ownership or acquire a majority interest. Preferred equity and mezzanine debt is well suited for such situations, providing an alternative that is more flexible than bank debt and less dilutive than common equity.

Investment Criteria

Type of companies:
  • Profitable companies
  • Market leaders
  • Committed, professional management team
Company size:
  • EBITDA between €3 and €50 million
Industries:
  • Generalist focus
Situations:
  • LBO/MBO
  • Acquisition financing
  • Growth capital
  • Minority acquisitions and shareholder replacement
  • Debt restructuring
Investment size:
  • Between €5 and €40 million per company
Instruments:
  • Senior debt
  • Mezzanine financing
  • Participative loans
  • PIK loans
  • Preferred equity
  • Common equity (only in conjunction with debt instruments)
Exclusions:
  • Tobacco, firearms and gaming industries
  • Start-up companies
  • Companies under Spanish insolvency or pre-insolvency regime

Responsible investment

Oquendo’s investment process fits within a strict socially responsible investment policy that takes into account sustainability and ethical impact of the businesses of invested companies. Oquendo has a team member responsible for al ESG related factors.
Oquendo is a signatory of the United Nations PRI (Principles for Responsible Investment) and the funds it advises are committed to the Six Principles of the UN Global Compact. Oquendo is a member of ASCRI (Asociación Española de Capital Riesgo) and follows the industry recommendations issued by ASCRI and EVCA (European Venture Capital Association).