Acquisition History / Baluarte Capital / CTAIMA
Baluarte Capital Acquires CTAIMA
Announced January 2020 — Price not disclosed; Lorenzo Zavala; Luis de los Santos search fund acquisition
What happened
Tarragona cloud software for contractor compliance / supply-chain risk management; ~EUR8M revenue at acquisition Acquired by Baluarte Capital, the search fund vehicle of Lorenzo Zavala; Luis de los Santos. Backed by ALZA Capital Partners; Alza Capital Partners; Istria Capital; JB46; Kinderhook Partners; Promax Capital Investments; Relay Investments; Saltoun Capital Partners; WSC & Company. Source: https://searchfundsnews.com/investors-in-baluarte-capital-achieved-one-of-their-most-successful-returns-by-exiting-ctaima/
- Acquirer
- Baluarte Capital
- Target
- CTAIMA
- Announced
- January 2020
- Price
- Price not disclosed; Lorenzo Zavala; Luis de los Santos search fund acquisition
- Industry
- Compliance SaaS
- Buyer type
- Search fund
- Fund vehicle
- Baluarte Capital
- Backing investors
- ALZA Capital Partners, Alza Capital Partners, Istria Capital, JB46, Kinderhook Partners, Promax Capital Investments, Relay Investments, Saltoun Capital Partners, WSC & Company
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Baluarte Capital acquire CTAIMA?
Baluarte Capital acquired CTAIMA on January 2020. This was Baluarte Capital's 1st publicly tracked acquisition out of 1 we have on record.
How much did Baluarte Capital pay for CTAIMA?
Baluarte Capital paid Price not disclosed; Lorenzo Zavala; Luis de los Santos search fund acquisition for CTAIMA.
What does CTAIMA do?
Tarragona cloud software for contractor compliance / supply-chain risk management; ~EUR8M revenue at acquisition Acquired by Baluarte Capital, the search fund vehicle of Lorenzo Zavala; Luis de los Santos. Backed by ALZA Capital Partners; Alza Capital Partners; Istria Capital; JB46; Kinderhook Partners; Promax Capital Investments; Relay Investments; Saltoun Capital Partners; WSC & Company. Source: https://searchfundsnews.com/investors-in-baluarte-capital-achieved-one-of-their-most-successful-returns-by-exiting-ctaima/
What other Compliance SaaS companies has Baluarte Capital acquired?
CTAIMA is Baluarte Capital's only publicly tracked acquisition in Compliance SaaS so far.