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. The company's own release of May 20, 2024 announces the vehicle's investment in the group, which sits between the backer's two disagreeing dates and is an investment sentence.
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

Arada Capital Partners

New Roglass · Emanuele Charalambis and Riccardo Donadel · 2025
Azeler · Nicolás Goñi · 2024
ELTI · Carlo Luigi Fontana Giusti and Clemente di Napoli Rampolla · 2024
ADINOR · José Luis Soria and Carlos Gómez de Iturriaga · 2024
The rest of the record

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.