Bd-capital launches a Takeover Bid for Netex, valuing it at over 65 million euros

The reference shareholders and founders of Netex, Carlos Ezquerro (CEO) and José Ramón Mosteiro (CINO), have reached a strategic agreement with the bd-capital fund for the future development of the group’s activities, including the acceleration of its international expansion in the coming years.

Under the agreement, bd-capital will acquire a majority stake in Netex, through a purchase offer directed at all shareholders at a price of 4.75 euros per share and the subsequent delisting of the company’s shares on the BME Growth Stock Exchange in Spain. The agreement includes a capital contribution of 7.5 million euros for the group’s expansion. The founding partners will retain 60% of their current stake, and will continue to manage the Group’s daily operations, with Carlos Ezquerro remaining as CEO.

This operation has been advised by Macquarie Capital for financial matters and by the law firm Martínez-Echevarria and Uría Menéndez for legal matters.

“The partnership with bd-capital strengthens our growth strategy and opens doors to new expansion opportunities. This agreement marks an exciting chapter for our company, and we are thrilled to have bd-capital as our strategic ally in this new phase.

Carlos EzquerroCarlos Ezquerro
CEO of Netex

Netex OPA bd-capital