Effisus

The Deal

Bought By

Miguel Costa Freire and Pablo Alvarez Guerra

Year

Not published by any primary source

The backer's own two statements disagree: its portfolio card reads Acquired in 2023 and its post announcing the investment is dated 7 February 2024, and no page dates the closing. Two of the firm's own dates that differ are neither.

Vehicle

Viriato Capital, backed by Arada Capital Partners

Kind

Physical operations

A Portuguese maker of weatherproofing and sealing systems for building envelopes, founded in 2005, selling into construction and renovation markets from Portugal, Spain, Britain and the Middle East.

What Happened Next

Still held: the backer's post announces its first investment in Portugal through the purchase of a stake, carried out through the search fund it names both as leading, and a later post calls them co-chief executives. The company's own site names nobody.

The exit ends of journeys like this one, where the buyer has announced the purchase itself, are on Buyers.

Backed by the Same Firms

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts rather than inferred.

• Arada Capital Partners' own account, The backer's post of February 2024 announcing the stake, which names both as leading the vehicle. aradacp.com
• Arada Capital Partners' own account, The backer's post of April 2024, which calls them co-chief executives. aradacp.com
• Arada Capital Partners' own account, The backer's home page, whose portfolio card describes the company and labels it acquired in 2023. aradacp.com
• The company's own account effisus.com