Grúas Fuentes, a leading company in roadside assistance services in Spain, has reached an agreement to incorporate Corpfin Capital as a strategic partner with the objective to accelerate the company’s growth at a national scale.

The Puebla Fuentes Family will extend their commitment as shareholders and will co-lead the company with the rest of the management team, aided by the strategic, operational and financial contribution of Corpfin Capital.

Ramón Puebla Fuentes, founder of Grúas Fuentes, declares: "Corpfin Capital entry will allow us to start a new stage of national expansion of the high-quality service model that has always characterized Grúas Fuentes in Madrid"

Álvaro Olivares, managing partner of Corpfin Capital, underlines: "It is a privilege for Corpfin Capital to be able to participate in the future development of a company with the culture of quality and professionalism of Grúas Fuentes. Even more so with the continuity of the Puebla Fuentes Family with whom we fully share business vision and values.

Corpfin Capital has been advised by Garrigues and KPMG, and the Puebla Fuentes Family by Auren Corporate and David García Raya, as legal advisor.

Grúas Fuentes ( www.gruasfuentes.com ), Established in 1999 in the Madrid region, provides roadside assistance services, including towing services, as well as on-site repair, both for passenger and industrial vehicles. The company is currently a leader in the Madrid region, with a fleet of over 130 service vehicles and performing more than 250,000 services per year.

Corpfin Capital ( www.corpfincapital.com ), Founded in 1990, Corpfin Capital is an independent private equity fund manager, specialized in supporting growth and consolidation projects for medium-sized companies in the Iberian Peninsula. Since inception, Corpfin Capital has managed five institutional funds for a combined amount close to 1,000 million euros, having promoted over 50 business projects in a wide variety of sectors. Corpfin Capital is led by Álvaro Olivares, Alberto Curto, Fernando Trueba and Gorka García.

Fuente: Corpfin Capital

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