The firm invests in underperforming businesses that require operational support to improve profitability and create long-term, sustainable value.

[6] In October 2012, after a story about OpCapita considering a sale of Comet leaked to the press,[7] suppliers lost confidence in the chain, and it subsequently entered administration.

On 27 November 2013, it was announced that OpCapita had acquired NKD,[8] a 2,000 store retailer in Germany, Austria, Italy, Croatia and Slovenia.

[14] In October 2015, OpCapita won Private Equity International's Operational Excellence Award for its successful turnaround of Game.

On 29 July 2016, Unquote reported that OpCapita, backed by Goldman Sachs and Colony Capital, had exited the French homeware chain BUT for an estimated €525 million.

The buyer was reported to be Clayton, Dubilier & Rice (CD&R) and WM Holding, an investment vehicle of Austrian furniture giant XXXL Lutz.

[21] Unquote reported on 3 November 2017 that OpCapita signed an agreement to acquire Merkal Calzados SLU, a 215-store business in Spain selling affordable footwear and accessories.

[22] According to Reuters, OpCapita made its first investment in Italy on 9 March 2018 by acquiring Sebeto, an Italian restaurant group whose assets include the pizza chain Rossopomodoro.

[23] Real Deals reported on 19 March 2019 that OpCapita has agreed to sell German discount clothing retailer NKD Deutschland GmbH to buyout firm TDR Capital.

Elías was quoted as saying, "La Sirena is a great brand and an opportunity to contribute, together with the current management team, to promote and accelerate the strategic plan that began three years ago.