Investing in the next chapter.

A Dubai-based investment firm acquiring and investing in established businesses across the UAE and Spain.

We partner with founders who have built something worth continuing.

About

Travia Holdings is an independent investment firm based in Dubai, focused on established small and medium-sized businesses in the UAE and across the Spain–Gulf corridor. The firm pursues control acquisitions where the founder is preparing for succession, as well as selective minority investments in growth and buildup situations.

Travia is currently completing its first investment — a Spanish company in the water safety and compliance sector, being built up across the industry. The firm is actively looking for its next opportunity, with a particular focus on businesses where operator experience and a long-term horizon are more valuable than financial engineering.

Beyond direct investments, Travia Holdings also advises on selective M&A intermediation mandates connecting Spanish and UAE markets.

Founder

Miguel Munoz

Miguel Munoz founded Travia Holdings, after twenty years in the aviation industry across the Gulf region and three turns as a founder.

He co-founded and exited a textile distribution business in Spain in his first venture. He later founded a Dubai-based, globally operating company providing layover activities for the airline industry, which he wound down in 2016. Most recently, he co-founded a cosmetics manufacturing and distribution company in Spain, which continues to operate today following a capital raise.

He studied in Spain and has been based in Dubai since 2012.

What we look for

Travia Holdings invests in established businesses with proven cash flow, defensible market positions, and capable teams. We look for situations where patient capital and operator engagement can extend what a founder has built — rather than disrupt it.

Succession-ready businesses

Founders preparing to step back, transition leadership, or unlock liquidity from a business they have spent years building.

Buildup and consolidation

Fragmented sectors where a platform investment can be expanded through follow-on acquisitions and operational integration.

Selective minority positions

Growth-stage companies where capital and strategic involvement create durable value without requiring full control.

Sectors

Travia Holdings concentrates on sectors where the firm has direct operating experience, regulatory familiarity, or a strong sourcing network. We remain open to opportunities outside this list where the situation justifies it.

Aviation services

Maintenance, certification, ground services, and adjacent industries — drawing on twenty years of operating experience in Gulf aviation.

Aesthetics & cosmetics

Manufacturing, distribution, and clinic platforms, building on founder experience in the Spanish cosmetics sector.

Tourism & hospitality

Destination activities, layover services, and adjacent businesses serving the UAE's tourism economy.

Water safety & compliance

Inspection, testing, and regulatory compliance services — the sector of Travia's first investment, with active consolidation thesis.

Children's education & entertainment

Tutoring, supplementary education, and family entertainment formats — sectors with strong fundamentals in Gulf demographics.

Other SME opportunities

We evaluate businesses outside these sectors where the founder, the market position, or the situation warrants it.

Get in touch

If you are a founder considering succession, a broker with a relevant mandate, or an investor exploring Spain–Gulf opportunities, we would value the conversation.

mm@traviaholdings.com LinkedIn Schedule a call