{"id":37472,"date":"2025-07-09T12:47:24","date_gmt":"2025-07-09T11:47:24","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&p=37472"},"modified":"2025-07-09T12:47:26","modified_gmt":"2025-07-09T11:47:26","slug":"cirsa-co-lead-manager","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/es\/ib-transaction\/cirsa-co-lead-manager\/","title":{"rendered":"Alantra acts as Co-Lead Manager for the IPO of Cirsa, a Blackstone portfolio company, on Madrid Stock Exchange"},"content":{"rendered":"\n

Madrid \u2013 <\/strong>Alantra has acted as Co-Lead Manager for the successful Initial Public Offering (\u201cIPO\u201d) and listing of Cirsa Enterprises, S.A.U. (\u201cCirsa\u201d or \u201cthe company\u201d), a leading global gaming and leisure company backed by Blackstone, on the Spanish Stock Exchange. The company began trading today at \u20ac15 per share, implying a market capitalization of approximately \u20ac2.5bn.<\/p>\n\n\n\n

The offering raised approximately \u20ac521mn in gross proceeds, including the full exercise of the 15% over-allotment option. The IPO consisted of a primary tranche of \u20ac400mn in newly issued shares and a secondary placement of \u20ac53mn in existing shares.<\/p>\n\n\n\n

Alantra played a key role in securing strong demand from Spanish institutional investors, organizing multiple meetings between the company and leading investors in Madrid.<\/p>\n\n\n\n

Founded in 1978 and backed by Blackstone since 2018, Cirsa is one of the largest gaming operators in Europe and Latin America. The company operates more than 450 gaming venues and over 85,000 slot machines across 11 countries, with a diversified offering across casinos, slot routes, and online gaming platforms.<\/p>\n\n\n\n

Andr\u00e9 Pereira<\/a>, Partner and Head of ECM Iberia at Alantra Equities, said: \u201cThis transaction is particularly meaningful for Alantra, as it reflects the continued trust that both issuers and investors place in our team. It has been a real pleasure to support\u00a0Cirsa\u00a0and Blackstone on this important milestone, and we\u2019re proud of the outstanding work delivered by everyone involved. This IPO marks an additional step in the reactivation of capital markets activity in Spain and will hopefully encourage more companies to take the same step in the coming months\u201d<\/p>\n\n\n\n

This transaction further reinforces Alantra\u2019s strong positioning in the Spanish Equity Capital Markets space. In the last year, the firm has participated in all the landmark ECM deals in the Spanish market, including the \u20ac860mn IPO of HBX Group<\/a>, the \u20ac185mn IPO of Cox<\/a>, the \u20ac230mn capital increase for Neinor Homes<\/a> and the \u20ac150mn one for OHLA<\/a>, as well as the ABB for Cl\u00ednica Baviera<\/a>.<\/a><\/p>\n\n\n

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\n View ECM <\/span><\/a>\n View Spain <\/span><\/a>\n <\/div>\n <\/div>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Madrid \u2013 Alantra has acted as Co-Lead Manager for the successful Initial Public Offering (\u201cIPO\u201d) and listing of Cirsa Enterprises, S.A.U. (\u201cCirsa\u201d or \u201cthe company\u201d), a leading global gaming and leisure company backed by Blackstone, on the Spanish Stock Exchange. The company began trading today at \u20ac15 per share, implying a market capitalization of approximately […]<\/p>\n","protected":false},"featured_media":37476,"parent":0,"template":"","meta":{"_acf_changed":true},"country":[8],"ib-service":[96],"sector":[48],"class_list":["post-37472","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-spain","ib-service-equity-capital-markets","sector-consumer-goods-retail"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction\/37472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction"}],"about":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/types\/ib-transaction"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media\/37476"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media?parent=37472"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/country?post=37472"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-service?post=37472"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/sector?post=37472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}