M L

02.10.2024 Global Practice Guides • Diana Ribeiro Duarte, Pedro Capitão Barbosa, Catarina Almeida Andrade • Chambers and Partners

Private Equity 2024 - Portugal

Diana Ribeiro Duarte, Pedro Capitão Barbosa and Catarina Almeida Andrade are the authors of the latest chapter on Portugal in the guide ‘Private Equity 2025’, published by Chambers and Partners.

"In the first half of 2024, the Portuguese M&A market tallied 252 completed transactions, amounting to EUR4.6 billion, according to the latest TTR Data ranking (during the period ranging from 1 January to 30 June 2024). This represents a 24% reduction from the number of transactions recorded and a 16% reduction on capital deployed in the same period last year.
Regarding private equity transactions in Portugal, 24 transactions were recorded in the first half of the year, totalling EUR587 million (no data has been provided regarding changes vis-à-vis the same period of 2023).
The Amadeus (travel technology giant) acquisition of Vision-Box (provider of cutting-edge technology for biometrics identification platforms in travel ports), backed by a private equity fund managed by Keensight, was highlighted as the most notable deal of 2024 in Portugal to date involving private equity – the deal value amounted to approximately EUR320 million."
 
See the chapter attached.