Creas Impacto II, with financing from Impact Bridge, acquires 70% of Desconect@, Spain's leader in adolescent mental health.
A strategic alliance between two leading impact investors to bring a unique therapeutic-educational model, which has already benefited more than 3,200 families, to all of Spain.
The Deal
The Creas Impacto II fund has announced the acquisition of 70% of Desconect@, one of the leading companies in the mental health sector in Spain. With this transaction, Creas Impacto II strengthens its focus on growth-stage companies, consolidating a strategy that combines early-stage investment with a greater weight on growth and private equity opportunities.
The deal also stands out for the strategic alliance between two leading impact investors in Spain: Creas provides equity with the key backing of three investors linked to its fund, while Impact Bridge provides financing through its fund IB Deuda Impacto España, F.E.S.E. This collaboration shows the importance of combining different financial instruments to scale projects with deep social impact.
“At Creas we look for projects that tackle structural problems with real, measurable solutions. Desconect@ works precisely at the intersection of two of today's greatest social challenges: the deterioration of adolescent mental health and the school failure associated with it. Its model shows that it is possible to intervene holistically –emotionally, with families and educationally– to transform life trajectories”, says Olivia Mossay, Partner at Creas Impacto.
“The flexibility of our debt fund allows us to take part in this strategic transaction and support, together with Creas, the growth of Desconect@'s impact in a sector as critical as mental health”, adds Maria Samoilova, Managing Partner at Impact Bridge.
Problem and Solution
According to the 2025 Youth, Health and Wellbeing Barometer, more than half of young people in Spain report having experienced a mental health problem in the last 12 months, and only 50% of them receive adequate treatment. The most common diagnoses remain anxiety, depression, ADHD and eating disorders.
Desconect@ was founded in 2012 by Marc Masip, a psychologist specialised in adolescent technology addiction. The company treats young people aged 10 to 19 without interrupting their academic development, addressing issues such as technology addiction, academic difficulties, eating disorders, other behavioural disorders, general emotional distress and autism spectrum disorders, among others.
Its model combines therapeutic intervention, family support and educational continuity through its Therapeutic Classroom (Aula Terapéutica) and Day Hospital, with the goal of achieving the comprehensive rehabilitation of each adolescent –emotional, academic, family and social– and breaking the cycle between psychological distress, social isolation and school failure. Since its inception, more than 3,200 adolescents and their families have benefited from these programmes, with success rates above 95%.
Looking Ahead
The aim of the transaction is to accelerate Desconect@'s growth, expanding from its three current centres in Madrid, Barcelona and Málaga to an extensive network across Spain, helping to close the gap left by the shortage of specialised centres and broadening access to quality therapy.
“This new step marks a very important stage for Desconect@. It will allow us to expand our impact, reach more cities and support many more families and adolescents at their most vulnerable moment. We chose Creas because we share the same vision and the same sense of responsibility: protecting the essence of the project and continuing to develop a model that always puts adolescents and their families at the centre”, says Marc Masip, psychologist and founder of Desconect@.
Desconect@ is the sixth investment of Creas Impacto II, a €65M fund backed by institutional investors such as Cofides (through its Social Impact Fund, FIS), the European Investment Fund and AXIS, as well as leading family offices and private investors from Spain, France and Germany.
The transaction was advised by Pedro Belda and Santiago Sainz (Belda Bordón Merodio) as legal advisors to the buyer, and by Martí Nogué (KPMG) and Cloe Barnils (Roca Junyent) as financial and legal advisors to the seller. Impact Bridge was advised by Company Legal.