Alantra advises LLYC and a group of shareholders on the placement of a 5% stake with Asúa Inversiones

Aug 2024

Global Coordinator

Madrid – Alantra has acted as the sole Global Coordinator for the placement of a 5% stake in LLYC, a global communications, digital marketing and public affairs consulting firm, with Asúa Inversiones.

Founded almost 30 years ago by José Antonio Llorente, LLYC was listed on BME Growth in Madrid in July 2021. The firm aims to leverage its strong brand awareness, expertise, and recurring profits in communications to scale up its Comms Tech services and newly added marketing and creativity services, which are complementary and experiencing faster growth. LLYC is engaged in an ambitious strategic plan, aiming to reach operating revenues of €130mn by 2025, nearly doubling its current size. So far this year, the firm has completed three acquisitions: Lambert in the United States, Dattis in Colombia, and Zeus in Spain.

André Pereira, Partner and Head of ECM at Alantra Equities, added: “We are very proud to have advised LLYC and the selling shareholders on this transaction. We believe this deal validates the strength of LLYC’s equity story and highlights the attractiveness of the current share price levels. This marks the second BME Growth transaction we have advised on in the last months, demonstrating a renewed investor interest in the listed micro-cap space. Advising LLYC on this transaction is a significant endorsement for both our ECM franchise and our Corporate Brokerage business, underscoring our long-term commitment to our corporate brokerage clients.”