Clearwater has advised Nexxus Iberia (Nexxus), a private equity firm focused on investments in small and medium-sized companies, on the acquisition of a majority stake in Mirplay, a furniture company specialising in educational centres, offices, and barbershops.
Founded in 2002 by the Mir brothers, Mirplay designs innovative furniture for versatile, functional, and welcoming spaces. With customers across 40 countries, they have a particularly strong presence within Europe. In this new stage, Mirplay will expand its international offering through opening additional markets in Europe, alongside Latin America and Asia. This will be through the development of new business lines around acoustic conditioning and hairdressing furniture.
Founded in 2016, Nexxus is a private equity fund manager which supports small and medium-sized Spanish and Portuguese companies, accelerating their growth and expansion in Europe, Latin America, and the United States. The team is led by former partners of 3i and Nexxus Capital, who have more than 20 years of experience in private equity across Spain, Portugal, and Mexico.
With €170m in assets under management, Nexxus has invested in 11 companies across various sectors within Iberia. Their vision is to become the partner of choice for Iberian SMEs, focusing on those looking for an associate willing to boost their international growth.
