Acquisition History / Global Vernius / Fomento de Franquicias SL
Global Vernius Acquires Fomento de Franquicias SL
Announced January 2024 — Price not disclosed; search fund acquisition
What happened
Madrid laundry services company for the hotel industry Acquired by Global Vernius. Source: https://searchfundsnews.com/spain-surpasses-75-sf-acquisitions-and-is-on-track-to-reach-100-by-the-end-of-2027/
- Acquirer
- Global Vernius
- Target
- Fomento de Franquicias SL
- Announced
- January 2024
- Price
- Price not disclosed; search fund acquisition
- Industry
- Laundry services
- Buyer type
- Search fund
- Fund vehicle
- Global Vernius
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Global Vernius acquire Fomento de Franquicias SL?
Global Vernius acquired Fomento de Franquicias SL on January 2024. This was Global Vernius's 1st publicly tracked acquisition out of 1 we have on record.
How much did Global Vernius pay for Fomento de Franquicias SL?
Global Vernius paid Price not disclosed; search fund acquisition for Fomento de Franquicias SL.
What does Fomento de Franquicias SL do?
Madrid laundry services company for the hotel industry Acquired by Global Vernius. Source: https://searchfundsnews.com/spain-surpasses-75-sf-acquisitions-and-is-on-track-to-reach-100-by-the-end-of-2027/
What other Laundry services companies has Global Vernius acquired?
Fomento de Franquicias SL is Global Vernius's only publicly tracked acquisition in Laundry services so far.