Portugal
Crest acquires Irmarfer
GP buys Irmarfer from the company's founders, who will retain a stake and stay on with the business
PE-backed Gloval bolts on Prime Yield
Prime Yield CEO Nelson Rêgo will keep his current role and become a manager at Gloval
Permira buys five Iberian universities for €770m
Deal includes Universidad Europea based in Madrid, Valencia, the Canary Islands and Lisbon
MCH-backed Europastry bolts on Confeitaria Torres
Europastry expects to boost its productivity and expand its presence in the Portuguese market
Värde buys Portuguese real estate asset manager
GP plans to consolidate its market position in the Portuguese real estate market
Dunas Capital launches first fund-of-funds
Madrid-based Dunas Capital has launched its first fund-of-funds, Rainforest Dunas Iberia Fund I, with a €100m target.
Crest Capital backs Global Fire Equipment
First investment made by the Portuguese GP with its €97m debut fund Crest Capital I
Headway invests in restructuring of Alter Capital fund
GP established a new vehicle, Alter Cap II, to purchase the fund’s portfolio and provide capital
Crest to hold final close for maiden fund
Crest plans to invest in profitable, fast-growing and export-driven companies based in Portugal
Cabot Square, Eurofin sell 321 Crédito
Business has a net loan book of €250m and generated net profit of €7.9m last year
KKR et al. acquire stakes in Altice telecoms towers
KKR Infrastructure buys 49.99% of new company SFR TowerCo, with an EV of €3.6bn
KKR, Goldman Sachs invest $360m in OutSystems
Company will use the fresh capital to accelerate its expansion and further develop its platform
Investindustrial hits €375m hard-cap for smaller fund
Fund targets lower-mid-market companies with strong internationalisation potential
PE activity flourishes in Portugal as economy picks up
Companies with strong export focuses and internationalisation strategies are attracting investment from institutional fund managers
Vesalius et al. lead $4.6m round for Sword Health
Vesalius deployed capital from its Vesalius Biocapital III fund, which was launched last year
Bridgepoint-backed Sotralu acquires GNS
With the fresh capital, GNS intends to consolidate its market position and bolster its expansion
Alantra, Magnum acquire Roq from Explorer Investments
Deal ends a five-year holding period for Explorer Investments, after acquiring the company in 2013
VC firms invest $23m in Unbabel
group of investors includes Scale Venture Partners, Notion and Microsoft Ventures
Bridges-backed Viva Gym acquires Fitness Hut
Bridges made a further investment from Fund III to finance the bolt-on acquisition
Rui Alpalhao buys Banif Capital
Private investor Rui Alpalhao acquires Portuguese VC firm Banif Capital
Portobello acquires gym group Supera
Deal marks second investment from the GP's latest fund, Portobello Capital Fondo IV
Alantra buys MD Moldes
MD Moldes founder Manuel Domingues retains a 30% stake and remains CEO
Sapphire Ventures backs Feedzai in $50m series-C
VC firm is an existing investor and is joined in the round by another undisclosed backer
Vallis reaps €90m on Elevo exit
Vallis Construction Sector Consolidation Fund fully exits the asset after a five-year holding period