Alantra advises AGQ Labs on the sale of a minority stake

Jul 2020

Sell-side advisory

Madrid – Alantra, a global investment bank and asset management firm, has acted as sole M&A advisor to the founders of AGQ Labs, a leading international company in the TIC sector with over 25 years of experience engaged in laboratory analysis, testing, advanced trials and specialized chemical engineering.

AGQ’s main competitive advantage is the combination of technology and sector specific knowledge, providing services through 10 laboratories to the food, environment, agronomy, mining and health & safety industries. In particular, the Company is strategically positioned in the food workflow testing process from its origin (fresh) to distribution (food services, retailers or distribution) in agriculture, aquaculture, meat, dietetics or animal feed among other industries.

With more than 800 professionals in 21 countries, the AGQ achieved revenues of c.€50m, being c.75% generated internationally.

Portobello Capital is a private equity fund manager in the Spanish middle market segment with assets under management of €1.4 billion. This represents Portobello Capital first investment from their new minorities fund.

AGQ Labs hired Alantra’s investment banking services before the outbreak of the health crisis to find an investor to back its expansion project. Despite the challenging market conditions, the Alantra deal team managed to maintain competitiveness throughout the process and the transaction closed on agreed terms and conditions.