Latin Counsel | GPF Capital buys Gestair from Nazca

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Spain

GPF Capital buys Gestair from Nazca

October 23, 2019

GPF Capital has acquired Spanish aviation specialist Gestair from Nazca Capital.

GPF Capital is set to make its 17th deal since being launched four years ago by picking up a controlling stake in Gestair from fellow Spanish investment house Nazca.

Set up in 1977, Madrid-based Gestair is engaged in the operation, management and maintenance of executive aircrafts. Nazca acquired a 100% stake in Gestair in 2014 via Nazca III Fund.

Uría Menéndez advised in the deal through Juan Francisco Falcón (partner, M&A-Private Equity, Madrid); Francisco San Miguel (partner, M&A-Private Equity, Madrid); Borja Contreras (senior associate, finance, Madrid); Adrián Lozano (senior associate, M&A-Private Equity, Madrid); Marina Baena (junior associate, M&A-Private Equity, Madrid); Adriá Riba (senior associate, Tax, Madrid) y Santiago Menendez (junior associate, M&A-Private Equity, Madrid).

www.uria.com

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