Directory / Mind Map / Baluarte Capital
Baluarte Capital
- 3 acquisitions
- 8 investors
- 1 search funds
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Browse the full list (9 funds/investors, 3 acquisitions)
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- Alza Capital Partners — Investor
- Acquired IS Entriga in 2017 (Logistics), Brazil
- Baluarte Capital — Search fund · Backed by Alza Capital Partners, Istria Capital, JB46, Kinderhook Partners, Promax Capital Investments, Relay Investments, Saltoun Capital Partners, WSC & Company
Search fund vehicle. Led by Lorenzo Zavala; Luis de los Santos. Acquired CTAIMA in 2020. Source: https://searchfundsnews.com/investors-in-baluarte-capital-achieved-one-of-their-most-successful-returns-by-exiting-ctaima/
- Acquired CTAIMA in 2020 (Compliance SaaS), Spain. Tarragona cloud software for contractor compliance / supply-chain risk management; ~EUR8M revenue at acquisition 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/
- Istria Capital — Investor, Madrid, Spain
Search fund investor (Category B) · Madrid, Spain · 43 total acquisitions (6 international); shifted focus from LATAM to Europe in 2023, Software/Services.
- JB46 — Investor, Spain
Category A search fund investor · Spain · 100 backed search funds, 32 portfolio companies (5 international); active in Brazil and Mexico, Business Services/Healthcare/Distribution.
- Acquired APS in 2021 (Business Services), Brazil. PE-backed deal.
- Kinderhook Partners — Investor
- Promax Capital Investments — Investor
Search fund investor. Backs Baluarte Capital.
- Relay Investments — Investor, Boston, USA
Category A search fund investor · Boston, USA · $200M AUM · 200+ search funds backed; heavy technology focus with fast-growing international exits since 2019.
- Saltoun Capital Partners — Investor
Search fund investor. Backs Baluarte Capital.
- WSC & Company — Investor, Charlotte, North Carolina, USA
Category A search fund investor · Charlotte, NC · $2B+ portfolio enterprise value · 90+ companies backed; frequent co-investor with Relay & Miramar.