Apr. 7 at 11:42 AM
$PX P10 completes acquisition of Qualitas Funds
P10 has completed its previously announced acquisition of Qualitas Equity Funds SGEIC for an initial purchase price of
$63M, with the potential for additional earnout consideration. Qualitas Funds is a Madrid-based private equity investing platform that provides fund-of-funds, direct co-investing and NAV financing opportunities in the European lower-middle market to more than 1,300 limited partners across the ultra-high-net-worth, family office, and institutional channels.
The firm has approximately
$1 billion in fee-paying assets under management and a strong expected growth trajectory. The firm was founded in 2015 by co-founders and co-managing partners, Eric Halverson and Sergio Garcia.