Until the credit markets crunched, the Spanish private equity market was enjoying a growth spurt. International firms were being drawn to the adolescent market, and as a result the larger end of the deal spectrum was starting to blossom.
What Spain’s private equity industry body, the Asociación Española de Entidades de Capital Inversión, describe as “mega-deals” – those worth more than €100 million – increased in number from six in 2006 to 11 in 2007.
