According to several Andalusian media (Diario de Sevilla and Diario Sur) the founders of MEDAC and Playtomic, together with the CEO of the Dani García Group, and Alia Capital have acquired the 25% of the Sevillian company present in 25 countries.
CoverManager, popularly known as the ‘tech’ restaurant reservation management company, has been valued at €140 million. The new shareholders will continue with CoverManager’s expansion plans in Europe and Latin America, with a particular focus on Mexico, Chile, and Colombia.
Main Legal has advised CoverManager’s founders with a team led by M&A partner Fernando Vivar and Tax partner Cristina Cruz. LBO Abogados were in charge of the Due Diligence prior to the share sale and purchase agreement with a team formed by Daniel Ramos (Tax) and Victor Lopez (Data Protection).
Garrigues advised private investors (buyers) with a team comprising partner and co´head of the firm´s Corporate Commercial department Mónica Martín de Vidales, Commercial partner Xabier Urtiaga, principal associate Jara Atienza and associate Sofia Rubiales.