LONDON, 25 June 2014: Metric Capital Partners (“MCP”), the European private capital group, today announced its investment in Genebre Group S.L (“Genebre” or the “Company”), one of the leading global players in the fluid controls industry. Headquartered in Barcelona, Spain, Genebre is a privately owned business with over 30 years of trading history in the fluid controls industry. The Company designs, manufactures and distributes a broad product offering ranging from highly customized valves and instruments for industrial applications to hidrosanitary and residential products. The company enjoys a loyal and growing client base of more than 8000 distinct customers in over 100 countries worldwide.
Commenting on the deal, Giovanni Miele, Partner of MCP, said: “We are excited to be partnering with Genebre and to provide the Company with the capital it needs to continue pursuing its international and product-range expansion. This transaction represents our first investment in Southern Europe and we look forward to continuing to support ambitious companies seeking capital and expertise to achieve their strategic objectives.”
Miquel Paris, President of Genebre, added: “Metric’s investment will support our goal of sustainable growth over the long term. MCP has a strong track record of partnering with ambitious companies and we are delighted to be teaming up with them.”
John Sinik, Managing Partner of Metric Capital, further commented: “Consistent with our approach, our investment in Genebre offers attractive risk-adjusted returns to our investors, given the solidity, resilience and the growth plans of the Company. This investment will be the last of our first fund and we are extremely pleased with the composition and the performance of our Fund I portfolio.”
Launched in September 2011, MCP is an independent private capital group which invests in European small and medium-sized firms by providing debt and equity solutions to support the execution of strategic transactions including MBOs, MBIs, growth/development capital, refinancing and rescue financing.