Alantra’s private debt fund finances the acquisition of Pronokal by Abac Capital
Date 29 March 2017
Type Alternative Asset Management
Madrid– Alteralia, Alantra’s private debt fund, closed its eighth investment through a long term loan to finance the buy-out of Pronokal by Abac Capital and the company’s management team.
Created in 2004 and headquartered in Barcelona, Pronokal is a leading company in the nutrition sector offering protein diet treatments through medical prescription of the company’s own products. Pronokal has a wide portfolio of more than 200 products and a team of more than 100 dieticians who regularly support and coach the clients during the treatment.
In 2016 Pronokal reached revenues of c. €41mn out which 50% were generated outside Spain through an international presence in 15 different countries.