{"id":42185,"date":"2014-01-09T00:00:00","date_gmt":"2014-01-08T23:00:00","guid":{"rendered":"https:\/\/techma.bakertilly.es\/2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes\/"},"modified":"2025-03-12T11:25:15","modified_gmt":"2025-03-12T10:25:15","slug":"2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes","status":"publish","type":"post","link":"https:\/\/techma.bakertilly.es\/en\/2013-el-74-de-las-operaciones-de-capital-riesgo-para-pymes\/","title":{"rendered":"2013: the 74% of venture capital operations for SMEs"},"content":{"rendered":"<address><span style=\"color: #000000;\">A pesar que la<strong> investment<\/strong> durante todo el a\u00f1o 2013 ha sido muy inferior a la realizada en el 2012, durante el segundo semestre se ha producido un repunte muy significativo registrando \u20ac1.200M. Adem\u00e1s varias operaciones anunciadas recientemente hacen presagiar una buena actividad en los pr\u00f3ximos meses.<\/span><\/address>\n<p>\u00a0<!--more--><\/p>\n<p><span style=\"color: #3366ff;\"><strong>La pyme principal protagonista<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">According to<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.ascri.org\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.ascri.org\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">\u00a0ASCRI<\/span><\/a><\/span>, El 74% del n\u00famero de operaciones fueron peque\u00f1as, de menos de \u20ac1M de capital, casi el 4% han sido operaciones de midmarket y s\u00f3lo tres operaciones superaron los \u20ac100M. Es importante se\u00f1alar que el 90,7% fueron operaciones de menos de 5 millones de euros de capital, lo que evidencia que las receptoras del Capital Riesgo fueron, sobre todo, las pymes espa\u00f1olas en fases arranque y expansi\u00f3n.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cAunque las grandes operaciones las realizan los fondos extranjeros, el incremento de la actividad inversora en las pymes de alto crecimiento aportan una buena expectativa a futuro. Creemos que es muy importante que adem\u00e1s se focalicen las inversiones en sectores de actividad concretos donde Espa\u00f1a debiera destacar en el futuro como lo ha hecho en el pasado\u201d comenta Diego Gutierrez especialista en financiaci\u00f3n pymes en\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/techma.bakertilly.es\/en\/\" data-cke-saved-href=\"https:\/\/techma.bakertilly.es\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Abra Invest.<\/span><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\">Tambi\u00e9n han sido relevantes el n\u00famero de operaciones en etapas iniciales (36% del total de operaciones, aunque s\u00f3lo representa un volumen total de inversi\u00f3n de \u20ac75,6M). Algunas operaciones de <strong>Venture Capital<\/strong> destacadas del a\u00f1o 2013 fueron las de<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.adaravp.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.adaravp.com\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">\u00a0Adara\u00a0<\/span><\/a><\/span>and<a href=\"http:\/\/www.cdti.es\/index.asp?MP=4&amp;MS=0&amp;MN=1&amp;textobuscado=neotec&amp;tipo=1&amp;TR=A&amp;IDR=38&amp;tipoO=Contenido&amp;id=239&amp;xtmc=neotec&amp;xtcr=8\" target=\"_blank\" rel=\"noopener\">\u00a0<span style=\"text-decoration: underline;\"><span style=\"color: #000000; text-decoration: underline;\">Neotec<\/span><\/span>\u00a0<\/a>(y otros inversores internacionales) en\u00a0<span style=\"text-decoration: underline;\"><span style=\"color: #000000; text-decoration: underline;\">Alien Vault<\/span><\/span>\u00a0(seguridad inform\u00e1tica),\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.ysioscapital.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.ysioscapital.com\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Ysios Capital<\/span><\/a><\/span>\u00a0and\u00a0<span style=\"text-decoration: underline;\"><span style=\"color: #000000; text-decoration: underline;\">Caixa Capital Risc\u00a0<\/span><\/span>(y otros inversores internacionales) en\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/stat-diagnostica.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/stat-diagnostica.com\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Stat Diagn\u00f3stica<\/span><\/a><\/span>,\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.axispart.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">Axis<\/span><\/a><\/span>\u00a0and\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.ccmpcapital.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.ccmpcapital.com\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">CCMP\u00a0<\/span><\/a><\/span>in\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.volotea.com\/es\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.volotea.com\/es\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Volotea<\/span><\/a><\/span>,\u00a0<a href=\"http:\/\/seayaventures.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/seayaventures.com\/\" data-cke-saved-><span style=\"color: #000000;\">Seaya Ventures<\/span><\/a>\u00a0in\u00a0<span style=\"text-decoration: underline;\"><span style=\"color: #000000; text-decoration: underline;\">Plenummedia\u00a0<\/span><\/span>and<span style=\"text-decoration: underline;\"><span style=\"color: #000000; text-decoration: underline;\">\u00a0R\u00e9stalo<\/span><\/span>,\u00a0<span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.ysioscapital.com\/\" target=\"_blank\" rel=\"noopener\" data-cke-saved-href=\"http:\/\/www.ysioscapital.com\/\" data-cke-saved-><span style=\"color: #000000; text-decoration: underline;\">Ysios Capital\u00a0<\/span><\/a><\/span>in\u00a0<span style=\"color: #000000;\">VCRX<\/span>\u00a0and\u00a0<span style=\"text-decoration: underline;\"><span class=\"removed_link\" title=\"http:\/\/www.telefonicaventures.com\/\"><span style=\"color: #000000; text-decoration: underline;\">Telef\u00f3nica Ventures<\/span><\/span><\/span>\u00a0in\u00a0<span style=\"text-decoration: underline;\"><a href=\"https:\/\/www.box.com\/\" data-cke-saved-href=\"https:\/\/www.box.com\/\" data-cke-saved- target=\"_blank\" rel=\"noopener\"><span style=\"color: #000000; text-decoration: underline;\">BOX.<\/span><\/a><\/span><\/span><\/p>\n<p><span style=\"color: #3366ff;\"><strong>Un total de inversi\u00f3n de \u20ac1.701M para 462 inversiones<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">1.701M\u20ac en 462 operaciones, es decir, una ca\u00edda del 31% en el volumen y del 15% en el n\u00famero de operaciones si comparamos con la actividad del a\u00f1o 2012. Estamos, por lo tanto, a\u00fan lejos de los niveles de actividad pre-crisis, que se situaban por encima de los 3.000-4.000 millones de euros. Los fondos internacionales fueron responsables del 51% del volumen invertido en 2013 con 14 operaciones (en las que estuvieron involucrados 23 operadores).<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Although investment throughout 2013 was much lower than in 2012, the second half of the year saw a significant rebound to \u20ac1.2 billion. In addition, several recently announced transactions bode well for activity in the coming months. \u00a0<\/p>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[2277],"tags":[171],"sectores":[],"tipo-contenido":[2260],"class_list":["post-42185","post","type-post","status-publish","format-standard","hentry","category-multiplos-de-empresas-cotizadas","tag-capital-riesgo","tipo-contenido-noticias"],"acf":[],"_links":{"self":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/comments?post=42185"}],"version-history":[{"count":0,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/posts\/42185\/revisions"}],"wp:attachment":[{"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/media?parent=42185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/categories?post=42185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tags?post=42185"},{"taxonomy":"sectores","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/sectores?post=42185"},{"taxonomy":"tipo-contenido","embeddable":true,"href":"https:\/\/techma.bakertilly.es\/en\/wp-json\/wp\/v2\/tipo-contenido?post=42185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}