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Buyer landscape

Likely buyers · InsurTech in Spain.

Prepared 2026-09-29 with GP Intel · deterministic scoring, published weights: gp-intel.com/methodology/league-tables

How companies like this sold · 31 verified exits: 13% to sponsors, 87% to corporates and platforms. Route shift since 2020: sponsors 23% (was 31%), corporates and platforms 69% (was 61%), IPO 7% (was 8%) (sector-wide).

The list: 25 Tier 1 · 0 Tier 2 of 120 matched buyers, including 9 geographic expansion candidates without a local platform yet. A first round of the Tier 1 names plus the expansion buyers covers the demonstrated demand.

Financial buyers · 25

Tier 1 · Very High · score 70+

1. Bridgepoint SponsorVery High81

19 platform investments in Fintech & Financials · 7 in Spain · 43 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

2. Ardian SponsorVery High79

15 platform investments in Fintech & Financials · 27 in Spain · 52 deals 2024–26

AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M

14 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.

Bought DIOT-SIACI from Cathay Capital, 2025 · Fintech, France

3. Bridgepoint Development Capital SponsorVery High78

17 platform investments in Fintech & Financials · 5 in Spain · 36 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

4. Bridgepoint (52.5% majority stake) SponsorVery High78

18 platform investments in Fintech & Financials · 5 in Spain · 36 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

5. Bridgepoint BE VII + General Atlantic SponsorVery High78

17 platform investments in Fintech & Financials · 5 in Spain · 37 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

6. Bridgepoint Capital SponsorVery High78

17 platform investments in Fintech & Financials · 5 in Spain · 36 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

7. Bridgepoint Capital Developpement SponsorVery High78

17 platform investments in Fintech & Financials · 5 in Spain · 36 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

8. Bridgepoint Development Capital (with Paluel-Marmont Capital & LT Capital) SponsorVery High78

17 platform investments in Fintech & Financials · 5 in Spain · 36 deals 2024–26

AUM €86.6B · Europe VIII (BE VIII) · 2026 vintage · deploying · check €120-900M

4 platform investments since the 2026 vintage · early in deployment vs its usual 20 per fund.

Backed Interpath Advisory, 2026 · Financials, UK

9. Inflexion (Partnership Capital III) SponsorVery High78

7 platform investments in Fintech & Financials · 1 in Spain · 25 deals 2024–26

AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M

Accelerating: 15 deals in the last 2 years vs 5.0/yr before.

Backed Ascend Insurance Holdings, 2026 · Financials, UK

10. Apax Partners SponsorVery High77

15 platform investments in Fintech & Financials · 2 in Spain · 21 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed MillTech, 2026 · Fintech, UK

11. IK Partners SponsorVery High76

18 platform investments in Fintech & Financials · 52 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Bought Domek Group from Capital A Investment Partners, 2026 · Financials, Netherlands

12. Vitruvian Partners SponsorVery High76

17 platform investments in Fintech & Financials · 3 in Spain · 19 deals 2024–26

AUM €18.0B · Vitruvian Investment Partnership V · 2023 vintage · deploying · check €146M-1.1B

20 platform investments since the 2023 vintage · mid-deployment vs its usual 20 per fund.

Backed Turtlemint, 2022 · InsurTech, India

13. Apax Partners (with NewAlpha) SponsorVery High76

11 platform investments in Fintech & Financials · 2 in Spain · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed MillTech, 2026 · Fintech, UK

14. Apax Partners and Inova Capital SponsorVery High76

11 platform investments in Fintech & Financials · 3 in Spain · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed MillTech, 2026 · Fintech, UK

15. Apax Partners and JMI Equity SponsorVery High76

11 platform investments in Fintech & Financials · 2 in Spain · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed MillTech, 2026 · Fintech, UK

16. Apax Partners SAS SponsorVery High76

11 platform investments in Fintech & Financials · 2 in Spain · 19 deals 2024–26

AUM €70.8B · Apax XI · 2024 vintage · deploying · check €221M-1.7B

19 platform investments since the 2024 vintage · largely deployed vs its usual 12 per fund.

Backed MillTech, 2026 · Fintech, UK

17. Swanlaab Venture Factory SponsorVery High76

3 platform investments in Fintech & Financials · 24 in Spain · 18 deals 2024–26

Swanlaab Innvierte Agrifood Tech · 2024 vintage · deploying

Accelerating: 15 deals in the last 2 years vs 1.3/yr before.

Backed Weecover, 2025 · InsurTech, Spain

18. Inflexion SponsorVery High75

7 platform investments in Fintech & Financials · 27 deals 2024–26

AUM €11.0B · Inflexion Buyout Fund VII · 2026 vintage · deploying · check €90-675M

4 platform investments since the 2026 vintage · mid-deployment vs its usual 6 per fund.

Backed Ascend Insurance Holdings, 2026 · Financials, UK

19. Apis Partners Group SponsorVery High75

22 platform investments in Fintech & Financials · 7 deals 2024–26

AUM €2.1B · Apis Growth Fund III · 2024 vintage · deploying · check €23-170M

7 platform investments since the 2024 vintage · mid-deployment vs its usual 8 per fund.

Backed Roojai, 2025 · InsurTech, Thailand

20. IK Partners (IK Small Cap III) SponsorVery High74

15 platform investments in Fintech & Financials · 39 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Backed Domek Group, 2026 · Financials, Netherlands

21. IK Partners / GIC / Keensight / Parquest / management SponsorVery High74

14 platform investments in Fintech & Financials · 38 deals 2024–26

AUM €13.8B · IK Partnership Fund III · 2025 vintage · deploying · check €10-75M

18 platform investments since the 2025 vintage · largely deployed vs its usual 13 per fund.

Backed Domek Group, 2026 · Financials, Netherlands

22. AnaCap Financial Partners SponsorVery High74

18 platform investments in Fintech & Financials · 4 in Spain · 6 deals 2024–26

AUM €1.9B · AnaCap Buyout II · 2024 vintage · deploying · check €6-48M

6 platform investments since the 2024 vintage · largely deployed vs its usual 6 per fund.

Backed Edge Group, 2025 · InsurTech, Italy

23. Alantra Private Equity SponsorVery High74

2 platform investments in Fintech & Financials · 17 in Spain · 5 deals 2024–26

AUM €720M · Alantra Private Equity Fund IV · 2023 vintage · deploying

5 platform investments since the 2023 vintage · largely deployed vs its usual 4 per fund.

Bought Deudafix from Axon Partners Group, 2026 · Fintech, Spain

24. Ardian Clean Energy Evergreen Fund SponsorVery High73

11 platform investments in Fintech & Financials · 22 in Spain · 45 deals 2024–26

AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M

14 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.

Backed ISC, 2025 · Financials, US

25. Ardian Mid Cap Buyout SponsorVery High73

11 platform investments in Fintech & Financials · 22 in Spain · 43 deals 2024–26

AUM €196.0B · Ardian Expansion Fund VI · 2025 vintage · deploying · check €64-480M

14 platform investments since the 2025 vintage · mid-deployment vs its usual 15 per fund.

Backed ISC, 2025 · Financials, US

Scores and facts derive from verified deal records only; sample floors and thresholds are published on the methodology page. Figures marked with a tilde are bands, not disclosures.