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04 Mar 2026

Addleshaw Goddard Advises JB46 Partners on Launch of JB46 LTH I Fund to Back Micro‑Cap Consolidations

"Addleshaw Goddard advised JB46 Partners on structuring and launching JB46 LTH I, FCRE, S.A., a fund focused on supporting long-term projects through sector consolidation strategies. The vehicle will target small companies in fragmented markets across Europe and North America, backing roll‑ups, buy‑and‑build deals and committed‑capital vehicles as part of JB46’s entrepreneurship‑through‑acquisition micro‑cap private equity strategy. The advisory team was led by funds partner Isabel Rodríguez, with associate Enrique Aparicio."

Addleshaw Goddard advised JB46 Partners on the structuring and launch of its new investment vehicle, JB46 LTH I, FCRE, S.A. The fund will target investments in small companies operating in fragmented markets across Europe and North America, supporting entrepreneurs pursuing consolidation strategies such as roll-ups, buy‑and‑build transactions and committed capital vehicles. The launch is part of JB46 Partners’ entrepreneurship‑through‑acquisition (ETA) strategy in the micro‑cap private equity segment. The Addleshaw Goddard team was led by funds partner Isabel Rodríguez, with the participation of associate Enrique Aparicio.
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