Portugal

CCSL Advogados, in collaboration with Tribeca Abogados, provided legal counsel to Insulation Technology Group in the acquisition of Cerisol Isoladores Cerâmicos, a company in the ceramic insulation sector. Insulation Technology Group is an international holding company with over 1,500 employees and is part of the TJC LP fund portfolio. It operates in the manufacturing of porcelain electrical insulators for high and medium voltage, with a presence in Europe, North America, and South America. This transaction allows Insulation Technology Group to reinforce its leadership in the industrial insulation sector and advance its European market expansion strategy, highlighting its longstanding commitment to innovation in porcelain technology within the electrical grid industry. On CCSL’s side, the transaction was led by corporate and M&A partner Mafalda Almeida Carvalho, with the participation of partner João de Lemos Portugal in real estate and regulatory matters, of counsel Margarida Bragança in labor law, of counsel Frederico Félix Alves (corporate and M&A), and associates Bárbara Rodrigues Ferreira (corporate and M&A) and Mariana Alves de Melo (real estate and regulatory law).

CCSL Advogados advised Explorer Investments on the acquisition of two prestigious hotels in the Douro: the Douro Royal Valley Hotel & SPA and the Douro Palace Hotel Resort & SPA. This transaction marks the first investment of the newly established Hospitality I Fund, created by Explorer Investments to drive and consolidate the hospitality sector in Portugal. The multidisciplinary team at CCSL Advogados was coordinated by Rita Rendeiro, Partner responsible for the Finance practice, and Frederico Félix Alves, Of Counsel in the Corporate practice. The team also included João de Lemos Portugal, Partner responsible for Real Estate, José Calejo Guerra, Partner responsible for Tax, Margarida Bragança, Of Counsel in the Labour practice, as well as associates Mariana Alves de Melo (Real Estate) and Lourenço Noronha Andrade (Finance). The Hospitality I Fund aims to acquire and manage high-performing hospitality assets, focusing on value creation through strategic repositioning, synergy optimization, and sustainable growth, with a strong emphasis on attracting international clientele. The full acquisition of JASE Empreendimentos Turísticos, the company that owns and operates both hotels, represents a significant milestone for the sector. The Douro Royal Valley Hotel & SPA, a five-star hotel with 84 rooms, and the Douro Palace Hotel Resort & SPA, a four-star property with 60 rooms, now reinforce Explorer Investments' growth strategy, further consolidating its position in Portugal’s hospitality market. 29/01/2025

JPAB - José Pedro Aguiar-Branco Advogados provided legal advice to Atena Equity Partners on its entry into the share capital of NacionalGest, one of the 15 largest insurance brokers in Portugal. Atena Equity Partners is a Portuguese private equity firm that has invested in strategic sectors such as industry, business services and health. Founded in 2001, NacionalGest currently has more than 130 employees, a network of 35 shops and more than 200 agents throughout the country. In the 2024 financial year, the company recorded 7.5 million euros in commissions and managed a portfolio of 80 million euros in insurance premiums. The JPAB team advising on the Transaction and Legal & Tax Due Diligence was led by Ramiro Matos (Of Counsel for Corporate and M&A) and included Maria João Dias, Marisa Razão and Miguel da Silva Diogo (Corporate and M&A). As part of the Due Diligence, the legal team also included Luísa Campos Ferreira and Ricardo Codeço (Tax), Joana Carneiro and Constança Pimenta (Labour) and Isabel Arantes (Intellectual Property). With this operation, JPAB reaffirms its position as a leading private equity and M&A law firm, advising institutional investors and national and international companies on strategic transactions with a high impact on the Portuguese market.      

BELIM, a Portuguese law firm made up of tax specialists whose focus is Portuguese tax and customs law, announces the reinforcement of its team with the integration of Filipa Gomes Teixeira, as Associate Partner. Filipa Gomes Teixeira provides comprehensive advice to private clients, including tax and succession planning, wealth management, investment structuring and support in tax compliance processes. Filipa Gomes Teixeira has built an impressive career over the past decade, working for leading international firms. She began her career as a tax consultant at KPMG Portugal, where she gained extensive experience in direct taxation, specifically in the areas of Personal Advisory Services and Corporate & International Tax. Filipa Gomes Teixeira joins BELIM with a focus on tax advice for private clients. Previously, she worked in other law firms developing expertise in income tax, international taxation, and tax, wealth, and succession planning for individuals. Gomes Teixeira has held roles at RFF Lawyers, Kore Partners, and most recently as a senior associate in the Private Client & Wealth Management team at Cuatrecasas. Filipa holds a law degree from the Faculty of Law of the University of Lisbon, a master's degree in tax law from the Portuguese Catholic University, and is currently pursuing a postgraduate course in foreigners and nationality law at NOVA School of Law. She actively collaborates on events and publications in the tax field, contributing to the development and discussion of relevant industry topics. Filipa is a member of the Portuguese Tax Association (AFP) and the International Fiscal Association (IFA).