Alantra advises Finsolutia on the sale of a majority stake to Pollen Street Capital

Mar 2023

Sell-side advisory

Madrid – Alantra, a leading global investment bank and asset management firm, is pleased to announce that it has acted as the exclusive financial advisor to FINSOLUTIA S.A., (“Finsolutia” or the “Company”), a leading technology-driven credit and real estate platform in Iberia, on the sale of a majority stake to Pollen Street Capital (“Pollen Street”, “PSC” or the “Purchaser”). Finsolutia and PSC have reached an agreement to build a leading digital Credit & Real Estate platform in Europe.

Finsolutia launched its activity in 2007 in Portugal, initially focused on the Credit and Real Estate industries operating as a servicing-driven business. Anchored on its unique technological infrastructure, the company diversified its core business towards new highly profitable businesses, becoming a leading technology-driven Credit & Real Estate platform operating under multiple brands (Finsolutia, FS Capital, Izilend, Twinkloo, Sell&Go and Nolon).

As of today, Finsolutia has offices in Lisbon and Madrid, with over 350 professionals managing c.€6bn in AuM, working with some of the largest institutional investors in the Credit and Real Estate industries as well as renowned financial institutions in the region.

Pollen Street Capital is a fast-growing, purpose-led and high-performing private capital asset manager. Established in 2013, the firm has built deep capability across the real estate, financial and business services sector aligned with mega-trends shaping the future of the industry. They manage over £3bn AuM across private equity and credit strategies on behalf of investors from around the world. Pollen Street Capital has a team of over 70 professionals with offices in London and New York City.

Pollen Street’s proven experience in following a holistic and digital approach to Real Estate lending, property servicing and associated activities, will accelerate the scalability of Finsolutia across all business lines creating an unparallel digital-led platform in the Iberian market and beyond.

Joel Grau, Managing Partner at Alantra, commented: “This transaction marks a significant milestone in Finsolutia’s growth trajectory and represents a significant development in the European servicing sector, especially in light of the current consolidation trends prevalent in major South European markets. As a testament to our unwavering commitment to progress, we have successfully garnered the support of the most elite technology capital to aid the company in realizing its technological advancements and global expansion strategies, all while ensuring alignment of interests and optimization of the shareholder’s expansion plan through the implementation of a suitable financial structure.”

Andrés Ribón, Partner at Alantra shared: “This deal is a relevant milestone in the servicing industry being the first transaction in years with a clear strategy of consolidation and geographic expansion. We have managed to maximize the value of the company, positioning the business as the leading servicing platform in Iberia with huge potential on the tech services to the credit industry. Alantra managed to win this deal over other prominent investment banks by combining the significant servicing industry and the M&A team’s recent experience in tech enabling services deals to the financial sector.”

Nuno ES Silva, Founder and Managing Partner at Finsolutia, said “It is with great enthusiasm and ambition that we welcome Pollen Street Capital as a key shareholder. Pollen Street Capital’s significant expertise and experience in the financial services and tech-enabled businesses will be a great lever to reinforce our capabilities and rapidly expand our offering in Iberia as well as the expansion into new geographies.”

Alantra’s FIG team provided end-to-end support to Finsolutia during the full M&A process, resulting in a highly attractive outcome for all the stakeholders involved, despite the challenging global environment and inherent complexity of the transaction. This transaction confirms Alantra’s position as the leading M&A FIG advisor in the mid-market.