Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 11 SOURCES

Talde

Majority shareholder (63% of Talde Gestión SGEIC per CNMV) and anchor investor in its funds Kutxabank

Also known as Talde Gestión, TALDE GESTION SGEIC SA, Talde Private Equity

Bilbao private equity and private debt manager founded in 1976, majority-owned by Kutxabank; invests €6–20M in Spanish SMEs and manages over €630M.

HEADQUARTERS: Bilbao, Spain
FOUNDED: 1976
AUM: €630M (2026)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 8 people

Focus

STAGES: GrowthBuyout
SECTORS: Industrial & Manufacturing HealthTech Consumer & E-commerce
ASSET MIX: Private equityPrivate credit
GEOGRAPHY: Spain

Overview

Talde, founded in 1976 with Talde Promoción y Desarrollo SCR, is one of Spain’s oldest private equity firms; its management company Talde Gestión was created in 2000. It invests €6–20M in majority or significant minority stakes in Spanish SMEs valued at €20–100M, supporting international growth and sector consolidation, and since 2018 also provides senior private debt (€3–10M tickets) to SMEs. Its investors include pension funds, EPSVs, insurers, funds of funds and family business groups, with Kutxabank as anchor investor. It reports more than €630M under management.

Investment thesis

Private equity: growing sectors with consolidation/build-up potential; profitable, scalable companies with a leading position; €6–20M tickets in companies valued at €20–100M, majority or relevant minority stakes with shareholder agreements. Private debt: tailored senior financing for Spanish SMEs with long amortisation, €3–10M tickets.

PORTFOLIO (12)

Grupo Dilus
since 2026
Saprem
Industrial & Manufacturing · since 2026
Grupo Siban Peosa
Industrial & Manufacturing · since 2025
Fluytec
Industrial & Manufacturing · since 2025
Plymouth Rubber Group
Industrial & Manufacturing · since 2024
Discarlux
Food & Agriculture · since 2024
Virospack
Industrial & Manufacturing · since 2024
Plenergy
since 2024
AVS Added Value Solutions
Space · since 2023
SunMedia
Media & Entertainment · since 2022
Auxitec
Consumer & E-commerce · since 2022
Grupo Bemed-Jemed
HealthTech · since 2021

People

Idoia Bengoa
Managing Partner and General Manager (Socia Directora General) · source
Jon Arosa
Partner, Co-Head of Private Equity · source
Marc Baiget
Partner, Co-Head of Private Equity · source
Ricardo Junco
Director · source
Beatriz del Val
Director, Private Debt · source
Esteban Fradua
Investment Director, Private Equity · source
Álvaro Videgain
Investment Director, Private Equity · source
Ignacio Madariaga
Investment Director, Private Equity · source

Frequently asked questions

Talde is a private equity fund based in Bilbao, Spain, founded in 1976.

Yes. Talde invests its own capital in private companies.

Talde invests at Growth and Buyout stages in Industrial & Manufacturing, HealthTech and Consumer & E-commerce.

Talde's stated ticket size is €6M–€20M.

Key people at Talde include Idoia Bengoa (Managing Partner and General Manager (Socia Directora General)), Jon Arosa (Partner, Co-Head of Private Equity), Marc Baiget (Partner, Co-Head of Private Equity) and Ricardo Junco (Director).

Talde's investments include Grupo Dilus, Saprem, Grupo Siban Peosa, Fluytec, Plymouth Rubber Group, Discarlux, Virospack and Plenergy, among others.

The most recent publicly reported investment by Talde is Grupo Dilus (Majority stake (Talde Capital Crecimiento III)), announced in Sep 2026.

Yes. Talde manages capital from outside investors.