Announced
Synopsis
GED, a private equity firm operating in the lower/mid-market segment, agreed to acquire a majority stake in Cinelux, a provider of lighting services for the audiovisual sector, from Nazca, a private equity company. Financial terms were not disclosed. "We are very grateful to be able to support Cinelux at a key moment for the audiovisual sector in Spain, which has great growth expectations. We are confident that, together with David Garcia at the helm, we can take Cinelux to the next level and position the company as one of the leading players in Southern Europe," Enrique Centelles Satrústegui, GED Managing Partner.
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