Infrastructure fund manager Ancala is acquiring a majority stake in Iberian municipal community concessions platform Grupo Supera from Portobello Capital and other minority shareholders.
Financial details of the transaction were not disclosed.
Founded in 1993 and headquartered in La Coruña, Spain, Supera operates long-term concession-based community centres in Spain and Portugal, with 49 sites providing a range of sports, fitness and leisure facilities.
As part of the transaction, Supera CEO Guillermo Druet will continue to lead the business and is investing alongside Ancala.
Evgeni Jordanov, director at Ancala, said: “Guillermo and the broader Supera management team have built a market-leading community concession platform operating in an attractive, growing and highly resilient sector.
“The business has developed a highly differentiated model built around strategically located, large-scale community sites that provide essential services to local communities at low price points. We will work closely with Guillermo and his team to support Supera’s domestic and international expansion plans.”
Druet said: “We are delighted to partner with Ancala as we continue to build on Supera’s strong market position in Spain and accelerate our expansion in Portugal and Italy. From our first meeting with Ancala, we developed a strong conviction in their approach, expertise and ability to enable our growth plans.
“They have a proven track record of helping a broad range of infrastructure businesses to successfully scale and we’re looking forward to achieving similar successes, helping even more people to access our facilities and strengthening communities.”
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