Metagestión becomes a shareholder of Izertis
The Iberian equity fund, Metavalor FI, managed by the company Metagestion, has become part of our shareholding, with the purchase of 214,300 shares, which makes the investment entity one of the main shareholders of our technology company, with 0.92% of its shareholding.
The incorporation carried out allows our firm the entry of one of the first level managers in Spain, recognized as 'Best Spanish Equity Investment Fund' and 'Best Spanish Active Management Stock Market Fund', in 2020. The entity led by businessman José Alberto Barreras manages nearly 500 million euros in assets, and has another 40 million managed with discretionary portfolio management contracts, in addition to pension plans, with which it exceeds 600 million euros.
More and more large corporate investors are joining our project, which reflects their confidence in our trajectory
Metagestión thus joins our firm, one of the BME Growth listed companies with the greatest increase in liquidity, and whose shares have risen in value by more than 325% since we entered at BME Growth two years ago. This investment gives continuity to the inflows of other large asset managers, such as the Santander Small Caps Fund, which, led by Lola Solana, joined our organization with the purchase of 2% of its shares in April 2021, or the case Inveready that invested 4 million euros in the subscription of convertible bonds issued by our firm in July 2021.
This new move comes a few days after our company has been included for the second consecutive year in the ranking of the 1000 companies that grow at the fastest rate among all European countries. Our consulting firm achieved this recognition after reaching a compound annual growth rate of 36.95% between 2017 and 2020.
Currently, we are at the halfway point of our 2020-2023 Strategic Plan, which aims to reach 125 million euros in turnover and a normalized Ebitda of 12.5 million. This growth is supported by a CAGR, Constant Annual Growth Rate, of both magnitudes above 25% in the last 10 years. In the first half of 2021, it stood at 24.0% and 61.6%, respectively, compared to the same period of the previous year.
“We are exceeding the objectives set out in our Strategic Plan despite the current economic situation, and more and more large corporate investors are joining our project, which reflects their confidence in our trajectory and our medium and long-term strategy", has declared Pablo Martín, our founder, president and CEO after the operation.