Alantra Investment Banking Activity Review 2025

Alantra acted as exclusive sell-side adviser to The Bowers Group, Inc., a premier mechanical contractor headquartered in Beltsville, Maryland, on its sale to Legence Corp., a Blackstone-backed leading provider of engineering, consulting, installation and maintenance services for mission-critical building systems. The transaction values Bowers at approximately $475mn and is expected to close in the first quarter of 2026, subject to customary closing conditions and regulatory approval.

Alantra acted as financial adviser to Mirai Investments, lead investor in a consortium backed by Clerbil, on the acquisition of a 29.8% stake in Talgo from Pegaso Transportation, a vehicle controlled by Trilantic Capital Partners, for approximately €156.6mn (€4.25 per share). In parallel, Alantra advised Talgo on a new financing structure comprising €650mn in loans, €120mn in credit lines and a €500mn guarantee facility.

Alantra acted as exclusive financial adviser to JPB Système on the sale of a minority stake to Ardian. The transaction brings a leading private equity partner into the shareholder base to support the company’s next phase of growth and innovation.

Alantra advised the shareholders of Flint Global, an advisory firm supporting businesses and investors on political, policy, regulatory and competition issues, on its partnership with Cinven. Cinven will become Flint Global’s new private equity partner, replacing GCP, which invested in the company in 2021.

Alantra acted as exclusive M&A and debt advisor to Ambienta, one of Europe’s leading environmental sustainability-focused asset managers, on the acquisition of Agronova Biotech from Magnum Industrial Partners and the founding Casanova family. The transaction marks Ambienta’s first investment in the sustainable agriculture sector and its first investment in the Spanish market, further expanding the firm’s pan-European reach.

Alantra acted as financial and debt adviser to Alpha Private Equity and Feu Vert in the context of exclusive negotiations for the sale of a controlling stake in Feu Vert to Groupe Bassac. The transaction is subject to customary works council consultation and approval from the French and Spanish competition authorities.

Alantra acted as buy-side adviser to Bansk Group, a consumer-focused private investment firm, on its agreement to acquire a majority stake in BYOMA, a fast-growing, science-backed skin health brand, from Yellow Wood Partners. The transaction brings a new majority owner to support BYOMA’s next phase of international growth.

Alantra acted as Co-Lead Manager for the Initial Public Offering and listing of Cirsa, a leading global gaming and leisure company backed by Blackstone, on the Spanish Stock Exchange. The company began trading in July 2025 at €15 per share, implying a market capitalisation of around €2.5bn. The offering raised approximately €521mn in gross proceeds, including full exercise of the 15 per cent over-allotment option, through a primary tranche of newly issued shares and a secondary placement of existing shares.

Alantra acted as exclusive sell-side adviser to KKR and the Executive Shareholders on the sale of Hipoges, a leading multi-asset management platform in Southern Europe, to Finsolutia, backed by Pollen Street Capital. The transaction combines two major credit and real estate management platforms across Spain, Portugal, Italy and Greece, creating one of the leading players in the European market with more than €55 billion of assets under management.

Alantra acted as sole financial adviser to Secure Trust Bank PLC on the sale of its Consumer Vehicle Finance business to funds managed by LCM Partners. The transaction includes the transfer of an approximately £450m portfolio of consumer vehicle finance loans, the Moneyway brand and other associated assets, and marks an important milestone in STB’s strategic exit from the sector.