Kaazar acquires a 10% stake in BigBuy to finance growth and restructure debt.

The fund will support refinancing and lead the entry of other institutional investors.

BigBuy, a platform specializing in wholesale e-commerce solutions, has welcomed Kaazar Capital as a financial partner. The stake is approximately 10% and will vary depending on the achievement of a series of milestones, according to sources close to the transaction.

The transaction has been structured through Kaazar Strategic Investments Ltd., a co-investment vehicle managed by Kaazar Capital, led by its Managing Partner, José Gisbert .

In 2024, BigBuy reached consolidated revenue of €115 million, with 90% of its sales generated outside Spain.

Kaazar Capital has acquired this stake in BigBuy through a stake acquisition and assures that it is joining the project "with an active role in corporate governance, participating in defining the company's financial and growth strategy," the fund notes in a statement.

The transaction includes both capital and financing for its expansion, as well as an optimization of BigBuy's accounts, which includes the refinancing of its debt "under sustainable terms." The intention is to negotiate with financial institutions the terms of a significant portion of BugBuy's current debt, which amounts to approximately eight million euros.

This transaction is part of a new phase for BigBuy, focused, among other initiatives, on an expansion of its activity in European markets.

The addition of Kaazar Capital as an anchor investor also aims to facilitate the entry of new institutional funds under a structured co-investment model (club deal), a formula in which a specialized lead investor acts as a guarantor of quality and solidity and structures the investment to facilitate the subsequent entry of other funds under competitive conditions, explains Kaazar.

José Gisbert, Managing Partner at Kaazar Capital, emphasizes that in BigBuy, "we see a unique technological platform, with proven scalability and prepared to lead the B2B e-commerce market in Europe. Our goal is to support the management team, provide advanced professionalization criteria in management, and facilitate international contacts, as well as access to additional capital to accelerate their roadmap."

For Salvador Esteve , CEO and co-founder of BigBuy, this alliance "strengthens our position as a key player in the European digital ecosystem and validates the potential of our technology and operating model."

The company's co-founder and CEO, Victor Amarnani - winner of the 2024 Rei Jaume I Entrepreneur Award - emphasizes that having Kaazar Capital "represents support for our business model and our vision for the future. This agreement allows us to scale with greater focus and efficiency. We're adding not only capital, but also a partner that shares our way of thinking."