Parlem Telecom Companyia de Telecomunicacions, S.L. announced that it has received €1.5 million in an equity round of funding on June 23, 2016. The transaction involved participation from new investors for a stake of approximately 22%, including, Famitex Inversiones, S.L., Reus Capital Partners, and STS and the Sicart family, of the former Ecotècnia. The transaction also involved participation from returning investors, Ona Capital Privat, SCR de R.S., S.A., Inveready Capital Company, S.L., Masmovil Ibercom, S.A. (BME:MAS), Ernest Pérez-Mas, and the family-owned company of the Carandell families former owner of Benito Urban and Font owner of the supermarket chain Bon preu, S.A. The transaction included particiaption from nine family owned companies.

The company will distribute capital of 24% to Masmovil Ibercom, S.A. (BME:MAS), 24% to Ernest Pérez-Mas, 22% to Ona Capital Privat, SCR de R.S., S.A., and 7.5% to Inveready Capital Company, S.L. Andreu Rodríguez represented Reus Capital Partners in the transaction. The company reported revenues of €500,000 for the year ended 2015.