PE and VC in Spain and the Netherlands: How Do They Compare?
June 11, 2014
With the first World Cup matches this week, we thought it would be interesting to take a look at how some of the countries facing each other in upcoming group-stage matches fare in attracting private equity and venture capital financings. In this installment, we compare Spain and the Netherlands, who face each other Friday in Salvador, Brazil.
PE and VC firms have closed more deals in Spain than in the Netherlands over the last 4 ½ years, but the value of those deals is more than double in Holland—€31.2 billion ($42.2 billion) compared to €14.5 billion. This is no doubt due to Spain’s recent debt crisis and other economic troubles, which may have dampened investor enthusiasm in the country, despite it being a larger market than the Netherlands.
PitchBook’s data also show that private capital investors in Spain have closed 22 funds worth €1 billion since 2010, while in the Netherlands, firms have closed 36 funds worth close to €12 billion.