EN ES ABOUT US ACTIVITY TEAM INVESTMENTS LATEST NEWS CONTACT Creating value where there is potential Going Capital Inversión Going invests in private companies with the objective of generating mid to long-term results above those obtained in the capital market. Our objective is to maximize value of all companies in which we invest trough the development of the team and the achievement of new business objectives. Our firm has grown from the understanding of the business spirit, promoting an entrepreneurial culture and key role of innovation. History Going Investment, S.A. was launched in 1998 by a group of professionals who contributed with their capital and experience within multinational environments. First project were financed with funds provided by the partners, adding later reinvestments of capital gains and generated returns. In 2004, Going started an opening in capital management, by gaining financial resources from institutions, financial entities and private investors focused on the investment in business shares, reaching €60 million in management. It structured its investments through venture capital firms regulated and supervised by the Spanish Stock Exchange Regulatory Authority. Compromising funds in the same proportion as the rest of private investors. Nowadays, Going stills managing business assets valued at around €60 million. Values Going has a highly motivated team committed to achieve the objectives and those of its investors and shareholders of the companies it invests. Ability to understand and dissect the financial and strategic needs of business projects. Solid track record in company valuation and transaction projects. Extensive network of highly skilled professional contacts. Successful professional career or its management team. Main Significances Number of performed operations Business managed assets value Average objective IRR Corporate Social Responsibilities (CSR) Going is comitted to contribute in sustainable growth developing of our economy by means of the voluntary incorporation in our objectives, strategies, and management procedures of ethical, environmental, social, labor and good government factors, together with financial factors, in investment decision makin procedures. We perform our activity in the socially responsible investment scope, with good practices in business social responsibility and looking for generating positive impacts over group of interest of the business activity: clients, employees, shareholders, environment, society. Furthermore, Going have a total commitment with investors in efficient managing of both economic and financial resources in value creation objective and in providing full transparency in information regarding the developed activity and feasible advances that may be reached. > Objective Investments > Individual Project Strategy > Investment Procedure Objective Investments In general terms, our vocation is the acquisition of 100% of capital or majority stakes acquisition, although we also make minority stakes between 30% and 40% over the total of the company. Medium SMEs with needs of shareholders’ resources. Medium SMEs with needs of help for growth. No sector restriction but building and regulated ones. Get control of the company (sale of a major percentage of shares). Minimum investment of €3M and maximum of €10M. Objective investment time between 4 and 5 years. Average turnover of €10M. EBITDA greater than €1M. Individual Project Strategy Understand the unique challenges and opportunities of the SMEs company with the aim of help it to take advantage of its growth potential and create value in the business. Understand the need of each business. To contribute with funds, experience, nearness and manage and strategy ability, together with a network of contacts and experts in the sector. To be committed and patient capital with the project. Active role management, prioritizing the Project development. Investment Procedure IDENTIFICATION ANALYSIS VALUATION NEGOTIATION AND DEAL-CLOSING DOCUMENTS COMPANY MONITORING Value Proposal Our main strength is our proven ability to be valuable partners; manage change and incertainty associated with developing business models, allowing companies and management teams to accomplish their vision. We are a shareholder with an active presence on the Board of Directors of the companies we invest in, ensuring we monitor and manage our investment withing the agreed objectives. We provide our advice, based on our financial and common objectives, along with our experience. We also assist with strategic decisions or in the company’s international development. For investors Profitability Trust: nearness, transparency and commitment. Group of reliable entrepreneurs with proven career. To incentive aragonese and Spaniard SMEs growth. For participants Entrepreneur partner with experience and contacts with the big business. Reliable and committed with the developments of the projects investor. For business fabric Only aragonese business fund that bets for SMEs and their growth potential. Team Experience More than 20 years of experience in Private Equity. Partners and professionals that have participated together in investment and management operations in more than 30 firms. More than €60M invested in management. Industrial and entrepreneurial experience. Commitment with the region. Knowledge about the environment. Carlos Oehling President More than 20 years of experience in Private Equity and more than 30 in the industrial and entrepreneurial area. Carlos Oehling Founder partner and president of Going Investment since 1998. Graduated at the University of Zaragoza, 1997. Executive Development Program in the University of Michigan Business School and PADE in 1999 from IESE (University of Navarra) From 1986 until 1999 he worked in Hoffman La Roche (Switzerlad), Bayer (Spain), General manager of Group Serva and Senior Manager in Dana Corporation multinational. Since 1992 he had participated in more than 20 Boards of Directors. Since 1998 in Going, he has participated in more than 37 investments and exits processes in participant entities. CEO of A&S Fersa Bearings Europe since 2009 Ángel Goyanes Partner More than 30 years of experience in the industrail and etrepreneurial area. Ángel Goyanes Founder partner and member of the Board of Directors of Going Investment since 1998. He studied at the University of Zaragoza, 1998 Executive Development Program at the University of Michigan Business School and General Management Program in 2000 at IESE. He worked from 1988 to 1999 in product development area in Industrias Serva S.A. General manager of group Serva and Senior Manager in Dana Corporation multinational. In the Board of Directors of Going Investment and as Administrator of group companies, he accumulates wide experience of more than 20 years in numerous investments and exit procedures in entities of different sectors. César Martínez Chief Financial Officer More than 30 years of experience in finance area and 20 of them in Private Equity. César Martínez Graduated at the Universidad de Zaragoza, he is officially registered in the registry of auditors of Spain. He developed his professional career within the scope of business consultancy and audit in CGM Auditores S.L In January 2000 César assumed management of Autocity Networks S.A. (ICT project of Going) From 2002 he had been exclusively dedicated to the Financial Management and management control of Group Going and its risk capital managed societies. He has a wide experience in private equity due to his participation in all investment and exit corporative procedures made since his oncorporation. Elena Blanco Chief Administration 20 years with Administration and participant entities' portfolios reporting. Elena Blanco Graduated at the University of Zargoza in Financing and Market research and Analysis areas. She initiated her professional career in Caja de Ahorros de la Inmaculada in the research and analysis department focusing on fiscal structures. Since 1999 developing her professional career in Going investment being currently the Head of the Administration Department of the gorup and the portfolio entities. Wide experience accumulated of 20 years in private equity sector in (investment projects analysis and management, board of directors and partners reporting, portfolios and funds valuation reports, etc.) Consultants Karl Nitsch Adviser 40 years of multinational experience Karl Nitsch Karl earned a B.S. in Business Administration at Bentley College (Boston, USA) and Advanced Management Program from Harvard University (Cambridge, USA). After several years working in European chemical/pharmaceutical companies (Ciba-Geigy and Hoechst) he worked in the iron & steel and petroleum sectors in Venezuela. From 1988 until his retirement in 2006 he held different positions of responsibility in the automotive multinational Dana Holding Corporation, becoming President of Dana Europe in 1997 and member of the Worldwide Operating Committee. Benito López Adviser 40 years of entrepreneurial experience. Benito López An industrial engineer and economist from the Universidad Politécnica de Cataluña, where he has also taught for over ten years, complemented with doctoral studies in engineering and economics. Benito has held over the years a number of senior management roles in major institutions and companies, including 10 years as Managing Director of the INEM (the National Employment Agency in Barcelona), 10 years as CEO of the Instituto Aragonés de Fomento (IAF), 3 years as Executive Vice-President, a leading engineering group with a focus on the automobile parts sub-industry and production facilities in Spain, Italy and China, and from 2003 until his retirement Chief Financial Officer, of Zaragoza Alta Velocidad 2002. Daniel Rey Adviser More than 25 years in multinational families. Daniel Rey Bachelor in Economics from the University of Zaragoza 1996. MBA from Esade Business School 1998 and MAFP from IE Business School 2002. He started in the world of consulting in Barcelona (Seidor). Since 2000 he has developed his career in the family business environment (Rey Corporación), with responsibility at the highest level both in the area of Distribution and Retail, as well as in the corporate Patrimonial and Financial division. He has been President of the Association of Family Businesses of Aragón (2016-2019). He is a member, among other business associations, Consejo de Aragón (CEOE). ALL OUR EXPERIENCE, KNOWLEDGE AND CAPITAL TO HELP YOU GROW AND DEVELOP. Our Investments Historical G.EL PILAR 2002-2019 Automotive Industry Sale and distribution of spare parts and paint focused on vehicles mechanical repair. RECAMBIOS SEGORBE Exit in october 2019 with sale of 100% of Grupo El Pilar to spanish distributor Recambios Segorbe. GRUPO ARAVEN 2006 - 2017 Chemistry and plastics. Design and commercialisation of plastic products: preservation of food and purchase transport. GED V España FCR Exit in March 2017 with the sale of 100% to GED V España FCR, and Oquendo with minority participation. Grupo LOSAN 2005 - 2015 Textile Industry. Company dedicated to the design, production and commercialisation of textile products. SONAE In November 2015, portugese leader in retail group Sonae acquired 100% of Group Losan. ARACLÓN BIOTECH 2006 - 2012 Chemistry-Biotechnology Scientific investigation, pharmacological and biotechnological products creation and exploitation. GRIFOLS In February 2012 spanish multinational blood products leader Grifols acquired 100% of Araclón Biotech. NET2U 2000 - 2010 IT Industry. Net2You has been dedicated to offer Internet and technological innovation services. EVERIS Exit in october 2010 with sale of 100% of the company to world multinational spanish consulting fim Everis. ENÁTICA 2006 - 2009 Energy-engineering Solar photovoltaic plants installation, commercialization, management and maintenance. BRIAL Exit on June 2009 with sale of its participation in the company to aragoneese business group Brial. AGUAS DE EL RUN 2006 - 2007 Food Industry. "Sietecaños" natural mineral water spring exploitation. VERI Exit in 2007 with sale of participation in the company to Aguas de San Martín de Veri, belonging to group Damm. NETFILIA INTERACTIVA 2001 - 2007 IT Industry. Supplier of results marketing services and internet membership programmes. ANTEVENIO Exit in April 2007 with sale of 100% of the company to Antevenio, leader in advertisement and interactive marketing. EMBOU NUEVAS TECNOLOGÍAS 2007 - 2008 IT Industry. Broadband internet services supplier through wireless connection in complex environment. MÁSMÓVIL Exit in 2008 with sale of the participation in the company to the management team of Emobu, that since 2015 integrated them in Group MásMovil. LÁCTEOS ARNEDO 2001 - 2005 Food Industry. Production and distribution of ice-creams, pastry making and freeze desserts. DHUL Exit with the sale in Decembre 2005 of their 60% participation to group Dhul, spanish leader in the industry. AUTOCITY NETWORKS 2000 - 2002 IT Industry. Promotion and development of the pioneer project Autocity.com, engine vertical website in Spain. GRUPO FRANCE TELECOM Exit in April 2002 with the sale of the company to eresMas Interactiva, Wanadoo after, part of Group France Telecom. NOUING 1999 - 2000 Food Industry. Production and distribution of cold mear: products packing and cut service. BOADAS Exit in June 2000, with the sale of its 50% participation in the company to catalan butchery business Boadas. INDUSTRIAS SERVA 1999 Automotive Industry Automotive components, stanked and water tightness components producer, leader in Spain. DANA Exit duting 1999 with the sale of 100% of the company to north-american multinational group DANA corporation.