I browse portals, but I'm not getting anywhere
You see listings and none of them convinces you. You don't know if the problem is the market or your judgement.
Training with Toño Álvarez
From looking at opportunities to knowing which ones deserve your capital. Nine weeks to learn how to find, value and negotiate the purchase of an SME in Spain.
Online, live and recorded
Two one-to-one mentoring sessions to work on your case
First you talk to Toño, no online payment
If you've been mulling it over for months
You've read, you've looked at listings, maybe you've talked to an owner. But between "I'm interested" and making an offer there are questions you need to know how to answer.
You see listings and none of them convinces you. You don't know if the problem is the market or your judgement.
You're given a price and you have nothing to compare it with and no way to adjust it.
You don't know what to look at in the accounts or what to ask before signing.
Own capital, bank and deferred payment. You don't know how they combine or what the bank asks for.
Your work over the nine weeks
Your thesis in writing: sector, size, geography and capital. Tested with Toño in a one-to-one session.
Accounts, valuation and risk signals. Templates to structure the numbers so you don't stop at the listing price.
Offer, financing, review and contract. The order of the process and what to ask for at each step before you commit.
The goal is to give you method and judgement. Nobody buys a company in nine weeks, and we won't promise you that.
The programme
Nine live sessions, in the order a purchase happens. With a decision to work on at each step.
Sessions 1 to 3
Sessions 4 to 6
Sessions 7 to 9
Plus two one-to-one mentoring sessions with Toño. One for your investment thesis and another to work on your case.
This is what's included
Live sessions, one-to-one time with you and the documents you need to take action.
One group session every week, recorded so you can go back over the concepts. Online, with one year of access.
Your investment thesis with Toño and a second one-to-one session on an open topic during the first three months.
A list of companies identified in Spain based on your thesis, with contact and follow-up messages. It doesn't mean they're for sale.
Thesis, pipeline, valuation, due diligence, bank plan and non-binding offer.
It has to fit you
You have capital set aside, you want to buy in the next twelve months and you can give time to working on your search.
Your investment
You don't have to pay now. We start with a ten-minute conversation to see what you're looking for and whether the programme can help you.

FeesPrice, dates and places for the next edition, in a ten-minute conversation with Toño.
For people who have capital set aside and want to buy in the next twelve months.
Learning guarantee: if you complete the classes and exercises and haven't mastered the method, you repeat the next edition at no cost.
The terms, clearly
Yes. One group session a week and your own work between sessions. Sessions are recorded and you have access for one year.
No. We start with the annual accounts and the concepts used when buying: adjusted EBITDA, multiples, debt and cash. You get the valuation templates.
Next step
Ten minutes to see what you're looking for and whether the programme can help you. No online payment.