A record year, a global community, and what it all means for what comes next
Every year, our AGM brings together investors and partners from around the world for a day of honest conversation, strategic vision, and the kind of energy that only happens when the right people share a room. This year’s edition at IESE in Barcelona felt different. Not just because the numbers are the strongest in our history, but because of what they reveal about where Miura stands today.
What began almost two decades ago as a commitment to founders, entrepreneurs and family businesses across the Iberian middle market has grown into an ecosystem of over 100 investments, 20 active portfolio companies operating across 29 countries, combined revenues exceeding €2.7 billion and close to 18,500 professionals.
Here’s what we took away from the day:
1. A record year in activity
Over the past twelve months we have reached our highest-ever level of combined investment and divestment activity, with returns exceeding 3x invested capital on the latest exits and new acquisitions reinforcing our positioning in competitive, high-growth sectors such as healthcare, professional services and niche industrial.
2. Value creation from the inside out
The day’s programme covered fund performance, the macroeconomic landscape, deal origination and the levers at the core of our value creation model: hands-on operational support, management team professionalisation, international expansion, ESG integration and the increasingly relevant role of artificial intelligence and data analytics in portfolio management.
3. The CEOs set the tone
Panels with portfolio company CEOs (Citri&Co, Proclinic, Sabseg, Saesco Medical and Grupo Plenia) delivered what no presentation can replace: the perspective of those living the growth, the market challenges and the value creation journey first-hand. Their testimony is our strongest credential.
4. AI and sustainability: real operating levers
Two sessions that highlighted Miura’s hands-on operational support to its management teams. Artificial intelligence and data analytics are already transforming how our companies operate, decide and compete. And sustainability runs through strategy, operations and long-term vision.
5. The room matters
Contributions from Piero Gancia and Marti Riba (McKinsey & Company) and Ignacio de la Torre (Arcano Partners) added perspective on macro trends, the investment landscape and the impact of AI. But beyond the speakers, what defined the day was the quality of the conversations: investors from around the world, portfolio leaders and our team sharing space and vision.
IESE, with its natural ties to entrepreneurship and family business, was the perfect setting. And closing with a visit to the Pedralbes Monastery and dinner together reminded us that this community is built on more than returns.