Acquisition History / Antesala Capital / Cropsalsa (now Grupo Cropfoods)
Antesala Capital Acquires Cropsalsa (now Grupo Cropfoods)
Announced January 2022 — Price not disclosed; Borja Bolivar; Josep Maria Casanovas search fund acquisition
What happened
Madrid maker of custom sauces for Horeca chains and food industry (~EUR 12M sales at acquisition); later merged with IBSA into Cropfoods Acquired by Antesala Capital, the search fund vehicle of Borja Bolivar; Josep Maria Casanovas. Backed by JB46; ONEtoONE Asset Management (ONEtoONE Great Searchers); Itaca Capital Partners; ALZA Capital Partners; Beka Alpha Search Funds. Source: https://www.empresia.es/empresa/cropsalsa/
- Acquirer
- Antesala Capital
- Target
- Cropsalsa (now Grupo Cropfoods)
- Announced
- January 2022
- Price
- Price not disclosed; Borja Bolivar; Josep Maria Casanovas search fund acquisition
- Industry
- Food manufacturing
- Buyer type
- Search fund
- Fund vehicle
- Antesala Capital
- Backing investors
- JB46, ONEtoONE Asset Management (ONEtoONE Great Searchers), Itaca Capital Partners, ALZA Capital Partners, Beka Alpha Search Funds
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Antesala Capital acquire Cropsalsa (now Grupo Cropfoods)?
Antesala Capital acquired Cropsalsa (now Grupo Cropfoods) on January 2022. This was Antesala Capital's 2nd publicly tracked acquisition out of 3 we have on record.
How much did Antesala Capital pay for Cropsalsa (now Grupo Cropfoods)?
Antesala Capital paid Price not disclosed; Borja Bolivar; Josep Maria Casanovas search fund acquisition for Cropsalsa (now Grupo Cropfoods).
What does Cropsalsa (now Grupo Cropfoods) do?
Madrid maker of custom sauces for Horeca chains and food industry (~EUR 12M sales at acquisition); later merged with IBSA into Cropfoods Acquired by Antesala Capital, the search fund vehicle of Borja Bolivar; Josep Maria Casanovas. Backed by JB46; ONEtoONE Asset Management (ONEtoONE Great Searchers); Itaca Capital Partners; ALZA Capital Partners; Beka Alpha Search Funds. Source: https://www.empresia.es/empresa/cropsalsa/
What other Food manufacturing companies has Antesala Capital acquired?
Antesala Capital has made 3 acquisitions in Food manufacturing, including Cropsalsa (now Grupo Cropfoods). See the full list on the Food manufacturing and Antesala Capital acquisition pages.
More Antesala Capital acquisitions
Industrias del Bierzo (IBSA)
Price not disclosed; search fund acquisition · 2023
Cropsalsa
Price not disclosed; search fund acquisition · 2022
More Food manufacturing acquisitions
Cake Box Holdings plc acquires Ambala Foods Limited
$29.7M · 2025
Antesala Capital acquires Industrias del Bierzo (IBSA)
Price not disclosed; search fund acquisition · 2023
Antesala Capital acquires Cropsalsa
Price not disclosed; search fund acquisition · 2022