The Keensight fund enters the technology company UVE Solutions

The French venture capital firm has joined forces with executives from the Barcelona-based company to acquire a majority stake.

Venture capital is once again focusing on the Catalan technology sector. The Paris-based asset manager Keensight, which specializes in driving the growth of companies with revenues of up to €400 million, has acquired a stake in UVE Solutions, a provider of data intelligence solutions for the consumer goods sector.

Founded in 2007 in Manresa (Bages), UVE has developed an artificial intelligence (AI)-powered software platform that analyzes the sales channel from end to end. Its clients include industry giants such as Coca-Cola, Danone, Mahou, and GB Foods, the owner of Gallina Blanca.

At the end of 2023—the latest data available—the technology company had revenues of €14 million and profits of €5 million.

Keensight, which has over €5.5 billion in assets under management, has joined forces with a group of company executives—including CEO and founder Jordi Vila—to acquire a majority stake in the company. The transaction was advised by Houlihan Lokey and Cuatrecasas on behalf of the buyers and Garrigues on behalf of the sellers.

The asset manager will drive a new phase for the Manresa-based firm through organic growth and acquisitions, and will support its international expansion.

UVE already operates in more than 20 countries and has a leading position in Spain, France, and Italy. In 2024, it launched in the United States with the opening of an office in New Jersey. Keensight will also strengthen the company with new investments in AI-based innovation to enhance its product portfolio.

"Keensight's deep software expertise, international network, and proven track record of helping growth-phase companies scale make it the ideal partner for this new phase," says Vila.