Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 20 SOURCES

Aurica Capital

Also known as Aurica Capital Desarrollo, SGEIC, S.A., Aurica

Barcelona growth private equity manager taking minority stakes (€10–50M) in Spanish services, technology and health companies; 80% management-owned since 2021 (Banco Sabadell 20%).

HEADQUARTERS: Barcelona, Spain
FOUNDED: —
AUM: —
OUTSIDE CAPITAL: Yes
TEAM LISTED: 8 people

Focus

STAGES: Growth
SECTORS: Software & SaaS HealthTech Consumer & E-commerce Education Food & Agriculture Real Estate & PropTech
ASSET MIX: Private equityFunds (as LP)
GEOGRAPHY: Spain

Investment arms & vehicles

Aurica Search Fund
Commits to search funds acquiring Spanish and international SMEs (Aurica Search Fund I, FCRE)
Aurica Value
Indirect investment in international alternative funds and co-investments alongside other GPs (Alisios Global Coinversiones Fund, FCR)

Overview

Aurica Capital Desarrollo, SGEIC, S.A. is a Barcelona-based private equity manager (CNMV reg. no. 104, June 2015) that takes significant minority stakes in Spanish companies with EBITDA of around €5M or more in services, technology and health, investing €10M–€50M per deal through cash-in and cash-out structures without financial leverage. Banco Sabadell was its majority shareholder until May 2021, when the management team took 80% and Sabadell kept 20%. Its most recent fund is Aurica Growth Fund IV; it also runs a search-fund programme and Aurica Value, which invests in international funds and co-investments.

Investment thesis

Minority stakes in Spanish companies with EBITDA of about €5M+ in services, technology and health with scalable models and tailwinds; €10M–€50M tickets, cash-in and cash-out, no financial leverage, 3–5 year growth plans.

PORTFOLIO (10)

Alquiler Seguro
Real Estate & PropTech · since 2023
Canitas
HealthTech · since 2023
Educa EdTech Group
Education · since 2023
T2ó One
Media & Entertainment · since 2023
Agrosol
Food & Agriculture · since 2018
Grupo Larrumba
Consumer & E-commerce · since 2018
Grupo Flex
Consumer & E-commerce · since 2017
Samy Alliance (SamyRoad)
Media & Entertainment · since 2020 · Exited
Babel
Software & SaaS · Exited
STI Norland
Climate & Energy · Exited

People

Iván Plaza Férriz
Partner · source
Ferran Conti Penina
Partner · source
Borja Casanovas Domenech
Partner · source
Martín Vargas Beato
Partner · source
Pablo Pérez Caldaya
Partner & Investor Relations · source
Ricardo Velilla Flores
Aurica Search Fund Partner · source
Ferran Alcàcer Vilarmau
Operating Partner & ESG Head · source
Adam Miquel Vidal
Investment Director, Aurica Value · source

Frequently asked questions

Aurica Capital is a private equity fund based in Barcelona, Spain.

Yes. Aurica Capital invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Aurica Capital invests at Growth stage in Software & SaaS, HealthTech, Consumer & E-commerce, Education, Food & Agriculture and Real Estate & PropTech.

Aurica Capital's stated ticket size is €10M–€50M.

Key people at Aurica Capital include Iván Plaza Férriz (Partner), Ferran Conti Penina (Partner), Borja Casanovas Domenech (Partner) and Martín Vargas Beato (Partner).

Aurica Capital's investments include Alquiler Seguro, Canitas, Educa EdTech Group, T2ó One, Agrosol, Grupo Larrumba, Grupo Flex and Samy Alliance (SamyRoad), among others.

Yes. Aurica Capital manages capital from outside investors.