Qualitas is a private equity fund with a generalist focus dedicated to investing in Spanish and Portuguese middle market companies. Companies particularly suitable for investment by QEP typically have the following characteristics: Turnover greater than €25 million and positive cash flow. Experienced and capable management team with successful track records. Mature products, sustainable customers and competitive advantages.       Growth potential via international expansion. Growth potential via “buy-and-build” strategy.       € 5-25 Million per company. Possibility of co-investment and leveraged structures. Exit time Horizon to divest 3-7 years.