The two firms, which had been in a joint venture since February 2020, will bet on independent models from now on.
Arcano will continue to invest in traditional investment banking sectors, strengthening its technological team to provide transversal support to all of them, while BlueBull will continue to specialize in digital business models and technology, and will begin its international growth in the south of Europe.
The final balance of the ArcanoBlueBull joint venture has been settled with 15 operations closed in 2021.
Although the two firms are now advancing in differentiated models, they will continue to collaborate and take advantage of the synergies of Arcano Partners and BlueBull to carry out relevant operations in traditional sectors.
About the new phase
Madrid, January, 11st 2022.- Arcano Partners and BlueBull have jointly decided to start a new phase separately in 2022, although they will maintain their collaboration and synergies to carry out relevant operations in traditional sectors in the future. The final balance of the ArcanoBlueBull joint venture has resulted in 15 operations closed in 2021.
From now on, Arcano will continue betting on the company's specialized sectors (Healthcare, Food and Drinks, FIG, Real Estate, Retail, Energy-Infra and Industrial), in which it will reinforce the technology area transversal to all of them, while BlueBull will continue to specialize in digital business models and technology, and will start its international growth in southern Europe. Both Arcano Partners and BlueBull will strengthen and expand their teams in the coming months.
Joaquín Durán, Managing Partner of BlueBull, said: “Our most immediate future is to become an international investment bank specialized in the technology sector that enables the BlueBull team to reinforce a corporate culture for continue providing a value advisory to all types of tech companies and offering a comprehensive vision. I want to thank Arcano Partners and Borja Oria and his team for these almost two years of joint work, which I am convinced that it will continue in the future with other types of projects and collaborations”.
Borja Oria, Partner and CEO of Arcano Investment Banking, commented: “the commitment to expand and strengthen the internal tech advisory team as a transversal approach to all our areas of specialization is one more step in our growth strategy that we have become in 2021 in the leader in the sector by number of operations advised with more than 35 transactions. The relationship with Joaquin Durán and the BlueBull team has been excellent during our collaboration and we will surely continue working with them in operations where we can add our capabilities”.
