Aurica Capital

What they do

Originally established as the private equity arm of Banco Sabadell, Aurica Capital spun out as an independent asset manager in 2015, with its management team acquiring full control of the firm by 2022. The firm is uniquely positioned in the Iberian market as a specialist in "expansion capital," preferring to take significant minority stakes (20-49%) rather than demanding full buyouts, which allows founders to retain control while scaling. In recent years, Aurica has diversified its strategy by launching a dedicated Search Fund vehicle (Aurica Search Fund I) to back entrepreneurs acquiring low mid-market companies, and a fund-of-funds arm (Aurica Value). They are highly regarded in the Spanish ecosystem for their strong ESG integration and track record of internationalizing local businesses.

What they look for

Aurica Capital focuses on expansion capital, taking temporary, significant minority stakes in leading middle-market companies with a clear vision for global development and growth. Their goal is to partner with highly qualified management teams to execute ambitious organic growth and buy-and-build acquisition strategies.

Stage

Series B+

Sectors

Edtech, Healthcare, Proptech, SaaS, Consumer, Climate, Mobility and logistics

Based

Barcelona, ES