Miura Private Equity today announced that it has sold Gescobro, a leading independent servicing platform in the unsecured consumer debt segment in Spain, to affiliates of Cerberus Capital Management, L.P. (“Cerberus”). This transaction partners Gescobro with Cerberus, a long-term investor in the Spanish market, and will support Gescobro’s continued development as a world-class financial institution focused on client and customer service. PWC and Ashurst have acted as financial and legal advisors to this transaction

About Gescobro

Gescobro, founded in 1980, is a leading independent servicing platform in the unsecured consumer debt segment in Spain, specializing in the collection of all types of debts for financial institutions, corporations and distressed debt investors. In 2014, Gescobro managed claims for a value around EUR 4 billion. Gescobro is consistently ranked as one of the top Spanish service providers in consumer and corporate debt solutions.

About Miura Private Equity

Miura is a private equity firm based in Barcelona. The firm currently manages two funds with total assets under management of €300m, and focuses on investing in small and mid-size companies with attractive growth or consolidation plans and a clear international angle. Since 2008, Miura has invested in 17 companies with a total deal size over €300m.

About Cerberus Capital Management, L.P.

Established in 1992, Cerberus Capital Management, L.P. is one of the world’s leading private investment firms. Cerberus has more than US $25 billion under management invested in four primary strategies: distressed securities and assets; control and non-control private equity; commercial mid-market lending and real estate-related investments. From its headquarters in New York City and large network of affiliate and advisory offices in the U.S., Europe and Asia, Cerberus has the on-the-ground presence to invest in multiple sectors, through multiple investment strategies in countries around the world.

Fuente: Miura Private Equity

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