Grupo Solitium acquires Copimur/NOVAC

Grupo Solitium has acquired 100% of Novac (Copimur S.L.). Livingstone Partners has acted as exclusive advisor to the family that owned the Company.

Copimur, founded almost 40 years ago and headquartered in Murcia, also provides services in Almería, Alicante, Albacete, and Madrid. Under the NOVAC trademark, Copimur offers printing equipment solutions, document management software and consulting, as well as digitalization and audiovisual environment services.

Grupo Solitium, owned by the Spanish fund ProA Capital, is the national leader in this sector, and the incorporation of Copimur is part of its expansion plan, reinforcing its position in eastern Spain.

Bárbara Giménez, shareholder and CEO of Copimur commented: “The integration into a group as strong as Solitium will be a powerful tool to attract new clients and to build loyalty among existing ones. Having the support and professionalism of Livingstone has been key to successfully close the transaction.”

Ximo Villarroya, partner at Livingstone Spain, added: “It has been a pleasure to have assisted Copimur in the successful completion of the transaction with Solitium. Working with Barbara and her team, as well as with Devesa&Calvo as legal advisors, has been a pleasure and we wish them every success in their new adventure.”

This transaction is a further credential for Livingstone’s experienced business services team, and once again demonstrates Livingstone’s expertise in advising family-owned businesses.