Nazca Capital has divested its stake in Cinelux to GED Capital, marking a significant investment opportunity in the leading audiovisual lighting services firm in Spain.
Target Information
Cinelux is the leading provider of professional lighting services in Spain's audiovisual sector, with expectations to achieve a revenue of €20 million in 2022. Founded in 1988 and headquartered in Madrid, Cinelux has expanded with two subsidiaries in Barcelona and one in Galicia. Since joining forces with Nazca Capital in July 2019, the company has cemented its position in the market, significantly increasing its stake in the fiction segment and boasting the largest lighting inventory in Spain. Cinelux's commitment to technology and innovation is evidenced by its latest generation equipment and consistent investment in sustainable practices.
The company has experienced organic growth due to rising demand for content from streaming platforms and the television industry's shift towards external production and spectacular live events, as seen with programs such as Operación Triunfo and La Voz. Additionally, Cinelux has embraced new technologies, leading to the establishment of Spain's first virtual studio and initiatives aimed at sustainability, such as replacing traditional lighting with LED solutions.
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Industry Overview in Spain
The audiovisual industry in Spain has seen remarkable growth in recent years, fueled by the increasing consumption of digital content and the global expansion of streaming services
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GED Capital
invested in
Grupo Cinelux
in 2022
in a Buyout deal
Disclosed details
Transaction Size: $150M
Revenue: $21M