Alantra advises the shareholders of MadridHifi.com on its sale to Queka Real Partners
SECTORTechnology
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Madrid – Alantra, the global investment banking and asset management specialist, is pleased to announce that it has advised the shareholders of MadridHifi.com (“the Company”), a Spanish e-commerce platform focused on the sale of musical instruments, speakers, and other audio-visual consumer electronics, on its sale to Queka Real Partners.
MadridHifi.com is a Spanish e-commerce platform focused on the sale of musical instruments, speakers and other audio-visual consumer electronics. The Company was founded as a retail chain in 1961 and began a transformational process in 2008 to become a leading online platform in Spain. Since then, the Company has grown by diversifying its product offering, adding higher margin product lines and launching several owned brands. Based in Madrid, MadridHifi.com delivers an omnichannel experience through its showroom with access to +10,000 products in stock and expert advice.
Queka Real Partners is a €150 million Spanish Private Equity with over 50 years of combined investment experience focused on small and mid-market companies. This marks the fifth transaction closed by the fund since its inception 2 years ago.
This transaction represents another high visibility credential within Alantra’s e-commerce practice, following the July 2021 IPO of multi-brand marketplace Giglio on AIM Italia.
José Martin Avanzini, Director at Alantra, commented: “Over the past few years, the management and the shareholders of MadridHifi.com have led the Company through an impressive digital and operational transformation. Queka Real Partners’ investment in MadridHifi.com will enable the Company to boost the growth momentum it has experienced during the past years.”
