SME Catalyst Fund I is in its investment period, deploying capital across 8–10 carefully selected Spanish SMEs. Each represents a business with proven fundamentals, untapped potential, and a clear path to value creation.
Fund Status
Active — Deployment Phase
Target Portfolio
8–10 Companies
Investment Period
2026–2029
Targets Identified
20+ companies
In keeping with standard private equity practice, we maintain strict confidentiality about specific portfolio company identities prior to closing and public announcement. This protects our founders, their employees, and the integrity of active negotiations.
We have identified more than 20 preliminary targets across our core sectors. Detailed company profiles are available to qualified investors under NDA in our Data Room.
Request Data Room AccessTarget Company Profile
Manufacturing
Specialized manufacturers and industrial service companies with regional leadership and stable corporate client bases. High process optimization potential.
Food
Spanish agri-food is globally recognized and locally fragmented. Many quality producers lack the distribution and commercial infrastructure to match their product quality.
Distribution
Distributors in niche verticals with captive customer bases and limited but addressable digital infrastructure. Pricing optimization and route efficiency are typically large value levers.
Services
Private clinics, wellness centers, and educational institutions with established brands and recurring revenue — sectors experiencing consolidation and digital transition simultaneously.
Logistics
Last-mile, specialized freight, and regional logistics companies where route optimization, fleet management, and CRM technology create immediate margin improvement.
Hospitality
Boutique hotels, rural tourism, and experiential hospitality businesses with strong local reputation and significant digital distribution upside.
Before Mestral Fund I, our team executed the exact type of value creation we now deploy at scale. These are illustrative examples of the operational and digital transformations our partners have led.
Assumed business direction role at a premier gastronomy school. Designed and launched new digital and hybrid training products. Implemented AI-powered lead scoring and automated student communications. Digitalized internal processes. Result: significant revenue growth with improved margins and a scalable, resilient structure.
Led the founding, scaling, and sale of Bemobile — a digital strategy and innovation consultancy — from startup to institutional exit. Positioned the firm as a strategic partner for major corporations. Built multi-disciplinary model covering strategy, digital product, development, growth, and branding. Professional governance implemented to prepare for institutional sale. Result: sold to Henko Capital Partners in 2024 at more than 9x EBITDA — a real-world proof of the Mestral value creation model.
Collaborated in creating an educational and training vertical from zero for a world-class sports organization. Defined the value proposition, structured content and programs, built digital and B2B acquisition channels, and implemented CRM and commercial automation for international lead management. Result: a brand asset transformed into a new recurring revenue line with scalable, replicable processes.
Led the design and implementation of a unified ERP platform for a national network of business support organizations — integrating operations across multiple territorial entities. Standardized processes, unified financial management, and created a consolidated data layer for strategic reporting. Result: improved operational efficiency and consolidated visibility for policy decisions at national scale.
Qualified institutional investors may request access to our Data Room, which contains detailed profiles of current target companies under NDA.
Request Data Room →If you run an established Spanish SME with €1–5M EBITDA and are thinking about the future of your business, we would like to speak with you — in complete confidence.
Confidential Inquiry →