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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 19 SOURCES

ProA Capital

Also known as PROA CAPITAL DE INVERSIONES SGEIC, S.A., Pro A Capital

Madrid independent mid-market buyout manager registered with the CNMV in 2007; buys majority stakes in family-run mid-market companies, mainly in Spain; Fund III closed at €500M in 2019.

HEADQUARTERS
Madrid, Spain
FOUNDED
2007
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
12 people

Focus

STAGES
GrowthBuyout
SECTORS
HealthTechFood & AgricultureIndustrial & ManufacturingConsumer & E-commerceEducation
ASSET MIX
Private equity
GEOGRAPHY
SpainItaly

Overview

ProA Capital is an independent Spanish private equity firm, whose management company ProA Capital de Inversiones SGEIC was registered with the CNMV in December 2007. It invests in market-leading, family-run mid-market companies through LBOs, MBOs and growth buy-outs, supporting internationalisation, operational improvement and buy-and-build. Its funds include ProA Capital Iberian Buyout Fund II (€350M, 2015), Fund III (€500M final close, 2019) and ProA Capital Buyout Fund IV, alongside ProA Capital Investments Funds I and II.

Investment thesis

Buy-outs of unlisted mid-market companies with proven business models, solid management teams and high growth potential, mainly in Spain; Fund III planned 8–14 deals of €10M–€60M each, with at most 25% of commitments outside Spain.

PORTFOLIO (12)

  • GalloNOTABLE
    Food & Agriculture · since 2019
  • Klockner Medical Group
    HealthTech · since 2026
  • Adventia Nutrición Médica
    HealthTech · since 2024
  • BAT Group
    Industrial & Manufacturing · since 2024
  • Acrylicos Vallejo
    Consumer & E-commerce · since 2023
  • isEazy
    Education · since 2023
  • Somos Hijolusa
    Food & Agriculture · since 2022
  • La Casa de las Carcasas
    Consumer & E-commerce
  • IPD
    HealthTech · since 2019
  • Neoelectra
    Climate & Energy · since 2018
  • MASA
    Industrial & Manufacturing · since 2018
  • MOYCA
    Food & Agriculture · since 2017

People

  • Fernando Ortiz
    Managing Partner · source
  • Santiago Gómez
    Partner · source
  • Carlos Gordillo
    Partner · source
  • Vito Torciano
    Partner · source
  • Carlos Aceves
    Investment Director · source
  • David Fuss
    Investment Director · source
  • Javier Galatas
    Investment Director · source
  • Felipe Jimenez-Alfaro
    Investment Director · source
  • Ignacio Olmedo
    Investment Director · source
  • Enrique Serrano
    Investment Director · source
  • Davide Tosetti
    Investment Director · source
  • Lourdes Martínez
    Head of Finance and Investor Relations · source

Links

Frequently asked questions

ProA Capital is a private equity fund based in Madrid, Spain, founded in 2007.

Yes. ProA Capital invests its own capital in private companies.

ProA Capital invests at Growth and Buyout stages in HealthTech, Food & Agriculture, Industrial & Manufacturing, Consumer & E-commerce and Education.

ProA Capital's stated ticket size is €10M–€60M.

Key people at ProA Capital include Fernando Ortiz (Managing Partner), Santiago Gómez (Partner), Carlos Gordillo (Partner) and Vito Torciano (Partner).

ProA Capital's investments include Gallo, Klockner Medical Group, Adventia Nutrición Médica, BAT Group, Acrylicos Vallejo, isEazy, Somos Hijolusa and La Casa de las Carcasas, among others.

The most recent publicly reported investment by ProA Capital is Klockner Medical Group (Growth-LBO), announced in Jan 2026.

Yes. ProA Capital manages capital from outside investors.