Beka Alpha Search Funds has invested in 6 Spanish SMEs in less than 2 years

Founded in mid-2022, Beka Alpha Search Funds initially focused exclusively on investing in SFs in the Iberian Peninsula. The firm, led by Angel Blanco Ortega and Ignacio Álvarez Cedrón, aims to invest up to €20M in 15 SMEs over a span of 4-5 years and appears to have expanded its focus to Europe, although for now, 100% of its portfolio is Spanish.

By the end of 2023, the company had supported about ten searchers, including Pleamar Partners, Colombo Capital, Agripina Inversiones, Phoenix Rise Capital, Fairchild Investment, Anval Capital, Libertum Capital Partners, Terra Firma Capital, and KG Capital. So far this year, it has invested in 6 new Spanish SFs: Acacia Capital, Cneo Partners, Criluz Capital, Albor Capital, Triare Capital, and Aquilae Relevo, among others.

Regarding its portfolio companies, Beka Alpha invested in Recambio Fácil at the end of 2022, and last year in Antesala Cap (Cropsalsa + Industrias del Bierzo) and Amix. In 2024, Beka Alpha Search Funds has participated in half of the acquisitions made in Spain so far, including investments in Cartonajes Limousin, Adinor, and Ibérica Semiconductores de Potencia.