{"id":39309,"date":"2025-12-18T09:40:52","date_gmt":"2025-12-18T08:40:52","guid":{"rendered":"https:\/\/www.alantra.com\/?post_type=ib-transaction&#038;p=39309"},"modified":"2026-01-07T16:34:00","modified_gmt":"2026-01-07T15:34:00","slug":"mirai-investments-buy-side-advisory-talgo","status":"publish","type":"ib-transaction","link":"https:\/\/www.alantra.com\/es\/ib-transaction\/mirai-investments-buy-side-advisory-talgo\/","title":{"rendered":"Alantra advises a Mirai-led consortium on the acquisition of a 29.8% stake in Talgo"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Madrid \u2013<\/strong> Alantra acted as financial advisor to Mirai Investments, a 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. Mirai was joined in the consortium by the banking foundations BBK and Fundaci\u00f3n Vital, and the public fund Finkatuz.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The transaction, structured at \u20ac4.25 per share for a total consideration of approximately \u20ac156.6mn, reflects a significant shareholder reconfiguration that brings in a stable, industrially aligned, and locally rooted investor group. The consortium\u2019s entry aims to reinforce Talgo\u2019s financial stability, support its industrial roadmap, and ensure continuity of operations in Spain, in coordination with public institutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Alantra supported Mirai Investments and the consortium throughout the process, including the financial analysis of Talgo, preparation and submission of the offer, and overall negotiation and structuring. The transaction involved multiple public and private stakeholders and required navigating a highly strategic and sensitive industrial context.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Moreover, Alantra advised Talgo on securing a new financing structure consisting of \u20ac650mn in loans, \u20ac120mn in credit lines, and a \u20ac500mn guarantee facility.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.alantra.com\/es\/team-member\/roberto-leon\/\">Roberto Le\u00f3n<\/a>, Managing Partner at Alantra said: \u201cWe are proud to have advised Mirai Investments and the consortium on such a complex and high-stakes mandate. The transaction strengthens Talgo\u2019s long-term outlook and supports Spain\u2019s industrial ecosystem. It also underscores the value of stable, industrially committed investors in strategic companies like Talgo.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This transaction adds to Alantra\u2019s strong track record in advising on complex, high-profile industrial mandates. Recent examples include advising Navantia on its acquisition of Harland &amp; Wolff and advising Aebi Schmidt on its merger with The Shyft Group.<\/p>\n\n\n    <div class=\"button--block \">\n        <div class=\"button--block_box\">\n                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?sector=industrials\" class=\"btn\" target=\"_blank\">View Industrials <span class=\"btn__arrow\"><\/span><\/a>\n                                                                                <a href=\"https:\/\/www.alantra.com\/what-we-do\/investment-banking\/transactions\/?country=spain\" class=\"btn\" target=\"\">View Spain <span class=\"btn__arrow\"><\/span><\/a>\n                                    <\/div>\n    <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madrid \u2013 Alantra acted as financial advisor to Mirai Investments, a 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. Mirai was joined in the consortium by the banking foundations BBK and Fundaci\u00f3n Vital, and the public [&hellip;]<\/p>\n","protected":false},"featured_media":39374,"parent":0,"template":"","meta":{"_acf_changed":true},"country":[8],"ib-service":[94],"sector":[54],"subsector":[],"class_list":["post-39309","ib-transaction","type-ib-transaction","status-publish","has-post-thumbnail","hentry","country-spain","ib-service-ma","sector-industrials"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-transaction\/39309","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\/39374"}],"wp:attachment":[{"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/media?parent=39309"}],"wp:term":[{"taxonomy":"country","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/country?post=39309"},{"taxonomy":"ib-service","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/ib-service?post=39309"},{"taxonomy":"sector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/sector?post=39309"},{"taxonomy":"subsector","embeddable":true,"href":"https:\/\/www.alantra.com\/es\/wp-json\/wp\/v2\/subsector?post=39309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}