ALTER CAPITAL
ALTER CAPITAL is a Sevilla-based Spanish private equity and venture capital firm founded in 2000, deploying capital through its Alter Cap II SCR fund into mid-market Spanish companies, including a co-investment in dental clinic group Dental Company and the 2025 acquisition of Wifit gym.
- Company typePrivate
- Founded2000
- HeadquartersSevilla, Spain
- Headcount1–10
- GTM typeB2B
- OfferingServices
What ALTER CAPITAL does
ALTER CAPITAL is a private equity and venture capital firm headquartered in Sevilla, Spain, founded in 2000. The firm operates as a boutique investment manager deploying capital primarily into Spanish mid-market companies, with disclosed portfolio activity concentrated in the healthcare and consumer services sectors. Its principal disclosed investment vehicle is Alter Cap II SCR, a Spanish regulated fund through which the firm participates in equity transactions alongside institutional co-investors.
The firm's transaction track record in the available data includes co-investing with Metric Capital Partners in Dental Company, one of Spain's leading dental clinic groups operating 130 clinics with a stated growth plan to reach 200 clinics by 2028, and the acquisition of Wifit gym in June 2025 for an undisclosed amount. The firm's revenue mechanics are those of a traditional private equity manager: management fees on committed capital in Alter Cap II SCR and carried interest realized upon portfolio exits. It does not sell products or services and operates with a lean team of 1–10 employees.
ALTER CAPITAL's geographic scope is concentrated in Spain within broader Europe, with co-investment partners such as Metric Capital Partners providing access to institutional deal flow. No proprietary technology, AI/ML capabilities, or product offerings were disclosed in the source data, consistent with its role as a capital allocator rather than an operating technology company.
ALTER CAPITAL firmographics
Firmographics- Name
- ALTER CAPITAL
- Website
- https://altercapital.es
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- ALTER CAPITAL is a Sevilla-based Spanish private equity and venture capital firm founded in 2000, deploying capital through its Alter Cap II SCR fund into mid-market Spanish companies, including a co-investment in dental clinic group Dental Company and the 2025 acquisition of Wifit gym.
- Ownership category
- akta.pro rank
ALTER CAPITAL industry classification
Industry- Product category
- Private Equity / Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- HoldCo / Permanent Capital ETA (FSANALAE)
Keywords
Where ALTER CAPITAL is headquartered
LocationHeadquarters
- HQ city
- Sevilla
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
ALTER CAPITAL business model
Business model- GTM type
- B2B
- Offering type
- Services
Revenue model
- Investment Returns and Fund Management: ALTER CAPITAL operates as a private equity and venture capital investment firm. The company generates returns through equity investments in portfolio companies, exits via strategic sales, and management fees from its Alter Cap II SCR fund vehicle.
ALTER CAPITAL product offering
Product offeringCore offering
ALTER CAPITAL is a Spanish private equity and venture capital firm based in Sevilla that invests equity capital into growth-stage companies, primarily through its Alter Cap II SCR fund vehicle. The firm provides capital investment, strategic partnership, and operational support to portfolio companies such as Dental Company (a Spanish dental clinic group) and Wifit gym, and participates in consortium transactions alongside institutional partners such as Metric Capital Partners.
Differentiator
Problem solved
Functional benefit
Products and services
- Alter Cap II SCR Fund
ALTER CAPITAL technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
ALTER CAPITAL partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights4 records
ALTER CAPITAL competitors and assessment
Company assessmentDirect peers
- Metric Capital Partners: London-based mid-market private equity firm that directly co-invested with ALTER CAPITAL in Dental Company, indicating similar European mid-market focus, deal size range, and value-creation approach.
- Magnum Capital: Spanish mid-market private equity firm investing in Iberian consumer and business services, directly comparable to ALTER CAPITAL's focus on Spanish SMEs and consumer consolidation plays.
- MCH Private Equity: Spanish lower mid-market PE firm investing in Spanish SMEs with growth and consolidation theses, closely aligned with ALTER CAPITAL's strategy of scaling Spanish consumer-services platforms.
- Nazca Capital: Spanish mid-market PE firm focused on SMEs with strong growth potential, comparable in scale and Spanish-market concentration to ALTER CAPITAL.
- Diana Capital: Spanish private equity firm specializing in mid-market consumer and business services investments in Iberia, with a similar Iberian focus and deal-size profile to ALTER CAPITAL.
- Abac Capital: Barcelona-based mid-market PE firm investing in Spanish companies with growth potential, operating in the same Iberian mid-market ecosystem as ALTER CAPITAL.
- Corpfin Capital: Spanish mid-market PE firm focused on majority investments in Iberian SMEs, comparable to ALTER CAPITAL in geographic focus and investment approach.
- ProA Capital: Spanish mid-market PE firm focused on Spanish SMEs and family-owned businesses, with similar Iberian concentration and consumer-services exposure to ALTER CAPITAL.
- Suma Capital: Spanish private equity firm investing in mid-market Iberian companies with growth and infrastructure themes, operating in the same geographic and size segment as ALTER CAPITAL.
Broad incumbents
- Alantra: Spanish-listed independent financial advisory and asset management firm with a PE arm, providing a broader advisory-plus-investing platform that overlaps with ALTER CAPITAL's Spanish mid-market activities but at significantly larger scale.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights5 records
Customer concentration
ALTER CAPITAL financial estimates
Financial estimateRevenue estimate
Valuation estimate
ALTER CAPITAL leadership team
Management profileNumber of profiles
ALTER CAPITAL funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ALTER CAPITAL M&A and investment
M&A and investmentM&A1 record
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ALTER CAPITAL
What does ALTER CAPITAL do?
ALTER CAPITAL is a Spanish private equity and venture capital firm based in Sevilla that invests equity capital into growth-stage companies, primarily through its Alter Cap II SCR fund vehicle. The firm provides capital investment, strategic partnership, and operational support to portfolio companies such as Dental Company (a Spanish dental clinic group) and Wifit gym, and participates in consortium transactions alongside institutional partners such as Metric Capital Partners.
Is ALTER CAPITAL a public or private company?
ALTER CAPITAL is a private company. It is currently operating.
When was ALTER CAPITAL founded?
ALTER CAPITAL was founded in 2000. It employs 1 to 10 people.
Where is ALTER CAPITAL based?
ALTER CAPITAL is headquartered in Sevilla, Spain, in the Europe region.
How does ALTER CAPITAL make money?
One revenue line is on record: investment Returns and Fund Management.
Who are ALTER CAPITAL's main competitors?
Direct peers on record are Metric Capital Partners, Magnum Capital, MCH Private Equity, Nazca Capital, Diana Capital, Abac Capital, Corpfin Capital, ProA Capital and Suma Capital. Alantra is listed as a broad incumbent.
Does ALTER CAPITAL have an API?
No public API is recorded for ALTER CAPITAL.
What industry is ALTER CAPITAL in?
ALTER CAPITAL's product category is Private Equity / Venture Capital. Its primary akta.pro industry code is FSANALAE, HoldCo / Permanent Capital ETA. Its NAICS code is 523940 and its SIC code is 6211.