Independent M&A boutique · Barcelona

Selling and buying companies, from start to finish.

We advise business owners, companies and funds on mid-market M&A transactions.

Falcon in flight: photograph from the previous HöK Capital website, treated in the firm's palette

01 · What we do

Advisory for selling, buying and valuing companies.

Selling a company · sell-side

Sell the company at the best price and with the highest certainty of closing.

Full or partial sale, bringing in a partner, or succession. We prepare the company, create real competition among buyers and negotiate through signing.

How we sell a company

Buying a company · buy-side

Buy the right company at the right price, including outside of sale processes.

We define the investment thesis with you, map the market, contact the owners of the companies that fit and support you through closing.

How we buy a company

Strategic service

Valuations and due diligenceIndependent valuation, quality of earnings, net debt and normalized working capital.

Strategic service

Debt restructuring and value creationRefinancing, divestments and business improvement plans before a sale or after an acquisition.

Strategic service

Growth capital raisingCapital rounds with funds, industrial groups and investors for companies that have already proven their model.

02 · Transactions

Transactions.

Sale of the company · sell-side

Sale of an industrial manufacturer of automotive parts

HöK’s role
Advisor to the shareholders, in a difficult financial situation
Outcome
Debt restructuring and, afterwards, sale to an industrial investor with a significant potential earn-out.
September 2026

Acquisition · buy-side

Acquisition of an accounting, financial and technology services company

HöK’s role
Advisor to the buyer
Outcome
Search and execution of the acquisition on behalf of our client.
September 2026

Sale of the company · sell-side

Sale of a cybersecurity company

HöK’s role
Advisor to the shareholders, who came to us with a price proposal already on the table
Outcome
Through a comparable-pricing analysis and negotiation with the buyer, the price doubled; the earn-outs were negotiated as well.
May 2026
View all transactions

Transactions advised by HöK Capital. They are published with the parties’ authorization and without confidential information; the most recent ones are described without names.

All transactions and news

03 · How we work

A four-phase method. You know what happens, when, and what you get.

Clear fees from the first meeting: a capped fixed fee and a success fee tied to the outcome.
1
Diagnosis
A realistic valuation, a timeline and the risks on the table before we start.
2
Preparation
Investment case, information memorandum, financial model and data room.
3
Market
Systematic search for buyers or target companies, including outside of sale processes, and a competitive process.
4
Closing
Due diligence, purchase agreement and coordination with legal counsel through signing.

Throughout the process you receive regular, clear updates: contacts made, NDAs signed, offers received and next steps.

Illustrative image: inner courtyard of La Pedrera, Barcelona

04 · Who we work with

Technology companies and family businesses. Same method, different language.

Technology companies

What we look at
Recurring revenue, customer retention, capital efficiency and growth rate.
Who we call
Strategic buyers, growth and private equity funds and corporate investors.
Sectors
Software and cloud services, e-commerce, fintech, digital health, IT services and digital media.

Family and industrial businesses

What we look at
Normalized EBITDA, net financial debt, working capital and founder dependence.
Who we call
Industrial groups, mid-market private equity funds, family offices and private investors.
Sectors
Industry, distribution and consumer, professional services and accounting firms, education, healthcare and tourism.
HöK Capital in figures
+20Transactions advised in the last 3 years
+€100MAggregate transaction value
+200Investors and buyers in active contact
2023Firm founded in Barcelona

05 · The firm

A senior team leads every mandate from start to finish.

We were born in the technology ecosystem and today we also support family and industrial businesses in their sale, succession or growth through acquisitions.

06 · Team

Whoever signs the mandate sits at the negotiating table.

Partners and directors with experience in M&A, audit, valuations and financial management.

Josep Navajo
Josep NavajoPartnerLinkedIn
Pablo Mancia
Pablo ManciaPartnerLinkedIn
Jorge Tejero
Jorge TejeroDirectorLinkedIn
Pau Clarasó
Pau ClarasóVP RestructuringLinkedIn
Eduard Casals
Eduard CasalsVP ValuationsLinkedIn
Manel Torrentallé
Manel TorrentalléVP Corporate FinanceLinkedIn
Arnau Adarve
Arnau AdarveM&A AnalystLinkedIn
Pol Juvanet
Pol JuvanetM&A AnalystLinkedIn
In the pressForbes, November 2023“HöK Capital is born: a corporate finance and M&A boutique for startups and technology companies”Read (in Spanish)

07 · Contact

Tell us about your situation and we’ll tell you how we would approach it.

info@hokcapital.com+34 935 185 385Paseo de Gracia, 50, 5ª planta · 08007 Barcelona

For shareholders and founders

An indicative valuation of your company, with no obligation.Request a valuation

For investors and acquiring groups

Off-market opportunities that match your investment criteria.Receive opportunities
Illustrative image: façade of Casa Batlló, Passeig de Gràcia, Barcelona
Write to usReview draft: the button opens your email client with a message addressed to info@hokcapital.com. This website does not send or store forms.
Add contact details (optional)
Check the privacy box to prepare the message. Please provide at least your name and a contact email.
Clicking opens your email client; on the final website, submissions will go through a form service with consent logging.
Data protection information

DATA PROTECTION INFORMATION OF HÖK CAPITAL, S.L. Purposes: To provide you with a means to contact us and to answer your requests for information, as well as to send you our commercial newsletter and informative communications that may be of interest to you, including by electronic means, if you check the corresponding box. Legal basis: Your express consent, the performance of the pre-contractual or contractual relationship with you and the legitimate interest of Hök Capital. Recipients: The information provided may be shared with our storage database and with third-party providers that help us deliver the services. Rights: You may withdraw your consent at any time and request access to, rectification, restriction, erasure and/or portability of your data at the email address indicated. Additional information: You can find more information in the I have read and accept the Privacy Policy link.