Acquisition of the fund management division of Liberbank Gestión
Financial advisor to the buyer
Client: Liberbank Gestión
Category: Financial Institutions
Description: GBS Finance advised Banco Madrid, a subsidiary of the Andorran bank BPA, in acquiring Liberbank Gestión. This agreement will allow Liberbank to continue its non-strategic business divestment process and will alow Banco Madrid to comply with its strategy of increasing its assets under management.
Banco Madrid is a Private Banking company specialized in the management of investment funds and SICAVs, discretionary portfolio management and national and international investment vehicles.