LIBNOVA
The Deal
- Bought By
- Jacobo Vera
- Year
- 2023
- Vehicle
- Arcadio Investments, backed by Arada Capital Partners
- Kind
- Software
A Spanish digital preservation and data management software company with a presence in twenty countries across five continents, by the backer's post, for universities, government agencies and research institutions.
What Happened Next
Still held: the backer's post says the vehicle acquired the company after evaluating more than a thousand Spanish companies and that its founder assumed the role of chief executive, with a co-founder staying as a shareholder. A trade report lists the vehicle among the twelve search funds that bought a Spanish company in 2023.
The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.
Backed by the Same Firms
Arada Capital Partners
Method & Source
This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.
- Arada Capital Partners' own account aradacp.com
- The company's own account libnova.com
- A third party's record of the deal searchfundsnews.com