Mergermarket Private Equity and M&A Forum Spain

Mandarin Oriental Ritz, Madrid

04 Jun

Opening panel: Iberian M&A and private equity outlook

Dealmakers are bullish for a busy 2024 executing deals after a focus on origination in 2023. Large cap deals in the pipeline are prevalent in the energy sector, including Endesa and Acciona, but the private sector is also set to see more exits this year as KKR and EQT are expected to enter sales processes. Exit opportunities are likely to be secondaries, as only a handful of IPOs are expected in 2024, but mostly in the tech sector. Private-to-public deals emerged in 2023 and could continue into 2024 as financing terms progressively improve. Despite a slow year for private equity in 2023, bilateral deals could be on the horizon in 2024 as funds innovate to close the pricing gap. Portugal is also expected to see increased activity in 2024, but an important driver for dealmaking will be the Portuguese government’s fund and facility by feeding into chosen private equity funds to capitalise SMEs. Against this dynamic backdrop, panellists will discuss:  

  • Considering the shift from origination to execution in 2024, which strategies are dealmakers employing to capitalise on the current market dynamics in Iberia, and how do these strategies differ from those in 2023? What are the trends in Spain and Portugal?  
  • Which sectors are gaining momentum in the Iberian region? Specifically considering the telecoms, aerospace and defensive sectors. 
  • What challenges and opportunities do the government interventions in the region set to bolster deal activity pose for both domestic and international investors, and how might they shape the broader landscape of dealmaking in the region? 
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  • Speakers keyboard_arrow_down
    Andrejs Klisans Country Manager 36BRAINS Bio
    Leticia Ruenes Managing Director, Head of Spain Pemberton Asset Management Bio
    Alejandra Moore Mayorga Managing Director Grupo Albión