Portugal
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
VC firms invest $23m in Unbabel
group of investors includes Scale Venture Partners, Notion and Microsoft Ventures
Rui Alpalhao buys Banif Capital
Private investor Rui Alpalhao acquires Portuguese VC firm Banif Capital
Sapphire Ventures backs Feedzai in $50m series-C
VC firm is an existing investor and is joined in the round by another undisclosed backer
Omnes Capital leads €4m series-B for 360Imprimir
Deal marks the first investment in the Portuguese market for the French GP
Lone Star acquires 75% stake in Novo Banco
GP's winning bid marks the end of a two-year auction process for the Portuguese lender
Inter-Risco, Portugal Ventures sell Cold Land to trade
Backers have sold their asset after a nine-year ownership period
Portugal boosts southern Europe's 2016 resurgence
Recent uptick in the country's buyout activity mirrors similar investor appetite seen five years earlier in Spain
Alantra closes Alantra PEF III on €450m hard-cap
GP's previous vehicle, Alantra PEF III, has reportedly reaped returns equating to 2x money
Inter-Risco buys 40% stake in Catari
Deal marks the fund’s second transaction executed on a stand-alone basis
Explorer sells Brandcare to Sodalis Group
Sale comes after three years of private equity ownership period