GED

GED is an independent private equity group founded in 1996, operating primarily in the Iberian Peninsula and South-Eastern Europe. With a focus on the middle market, GED manages over €300 million across several private equity vehicles, engaging in both private equity and private equity-real estate sectors. The firm seeks to maximize portfolio value through a buy-and-build strategy, targeting medium-sized companies in Romania, Bulgaria, Spain, and Portugal that have the potential to become regional leaders. GED also pursues opportunistic real estate investments in South-Eastern Europe, emphasizing sectors such as communication, transport, energy, and mobility. The firm has established a strong track record in these regions, supported by offices in Madrid, Seville, Bucharest, Sofia, and Oporto. Additionally, GED manages specialized funds that target specific sectors, including healthcare technology, renewable energy, and consumer products, investing in companies with defined financial profiles.

Rafael Lopez Armenta

Partner

Jorge Juliani Aznar

Partner

Josep Bono

Associate

Enrique Centelles Echeverria

Chairman

David Velazquez Gomez

Partner

Javier Gonzalez

Operating Partner

Maria Torrecillas Gonzalez

Investment Director

Félix Guerrero

Founding member and Vice Chairman

Víctor Macías Hernández

Partner

María Jesús San Pablo

Partner

Joaquim Lopes

Managing Partner

Nuria Oses Mugica

Partner

Victoriano de Navarrete

Managing Partner

Enrique Satrústegui

Managing Partner, Private Equity

Rafael Trebolle

Partner

Juan Puertas Vázquez

Partner, Finance Director and Investor Relations

Past deals in Romania

Continental Hotels

Private Equity Round in 2011
S.C. Continental Hotels S.A. operates a network of hotels across key Romanian cities, including Bucharest, Sibiu, Cluj-Napoca, Tîrgu-Mureș, and Constanța. Established in 1991 and headquartered in Bucharest, the company provides a range of accommodations, from rooms to suites, complemented by amenities such as restaurants, bars, and facilities for private and corporate events. Continental Hotels aims to deliver high-quality lodging and services in an elegant atmosphere, catering to diverse customer needs, whether for leisure or business purposes. With a focus on comfort and style, the hotel chain blends tradition with modernity to ensure a pleasant experience for all guests.

TEB Energy Business

Acquisition in 2010
TEB Energy Business is a distributor and servicer of gas engines in Romania.The company's offerings include consultancy for the implementation of cogeneration projects, delivery of gaseous fuel engines, supplies for cogeneration engines and preventive and corrective maintenance, enabling clients to get access to energy efficiency solutions.

Paravion

Acquisition in 2010
Paravion started as the online agency spinoff of a local Romanian travel agency.

Infopress Group

Acquisition in 2010
Infopress Group S.A. is a printing company based in Odorheiu Secuiesc, Romania, specializing in high-volume publications and commercial products. Established in 1990, the company offers a comprehensive range of services, including pre-press, printing, finishing, and integrated mailing. It focuses on publication printing for color magazines and commercial printing for various industries, such as retail, furniture, and telecommunications. Infopress also provides printing for catalogs, advertising materials, and specialized products like personalized and shrink-wrapped items. The company serves a diverse clientele across Romania and several European countries, including Germany, the Netherlands, Belgium, France, Ukraine, Bulgaria, Serbia, and Hungary. Infopress Group has achieved a prominent position in the market by investing in advanced technologies.

Total Eurobusiness

Acquisition in 2009
Total Eurobusiness is a cogeneration company. TEB is focused on complete cogeneration projects, from energy audit to wholesale of cogeneration machinery and equipment.

Diamedix IMPEX

Acquisition in 2009
S.C. Diamedix IMPEX S.A. distributes medical devices for in-vitro diagnosis and dental equipments. The company services Romania's private laboratories, hospital laboratories, blood banks, and veterinary laboratories. S.C. Diamedix IMPEX S.A. was founded in 1996 and is based in Bucharest, Romania.

Happy Tour

Acquisition in 2007
Happy Tour is a company dedicated to business and leisure travelers. The agency has its own network of associated agencies, which are developed at national and international level. Currently, the Happy Tour agency has a network of 64 affiliates and 84 outlets in 50 cities in Romania, Bulgaria and Moldova, and since 2015 Happy Tour has offices in Turkey.

Cellulem Block

Acquisition in 2007
Cellulem Block is a provider a wide and diverse range of beauty and health services.