Sea Breeze Capital (B) - Teaching Note

Case A describes the attempt made by Jordi Alves, an MBA graduate, to start the first search fund in Spain in 2011. Case B describes two acquisition opportunities that Jordi identified one year after he had launched the search fund. In spring 2012, Jordi has searched hard for a company to acquire. He now has two potentially attractive acquisitions on his desk - Feva Seguridad, a Mérida, Extremadura-based alarm monitoring company, and Belladía, a Tarragona, Catalonia-based producer of consumer cosmetics. Both companies had different characteristics and their potential acquisitions had different financial structures. The question now is how to proceed. Which acquisition should he move forward with? And should he proceed at all?
Collection: IESE (España)
Ref: FT-99-E
Format: PDF
Number of pages: 9
Publication Date: Dec 12, 2013
Language: English

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Case A describes the attempt made by Jordi Alves, an MBA graduate, to start the first search fund in Spain in 2011. Case B describes two acquisition opportunities that Jordi identified one year after he had launched the search fund. In spring 2012, Jordi has searched hard for a company to acquire. He now has two potentially attractive acquisitions on his desk - Feva Seguridad, a Mérida, Extremadura-based alarm monitoring company, and Belladía, a Tarragona, Catalonia-based producer of consumer cosmetics. Both companies had different characteristics and their potential acquisitions had different financial structures. The question now is how to proceed. Which acquisition should he move forward with? And should he proceed at all?
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"Sea Breeze Capital (B) - Teaching Note"