Client: Horizon Equity Partners, S.A. (“Horizon”) / Project Blue
Announcement Date: 21 September 2020 (Signing)
Closing Date: 21 March 2021 (it may be extended for 3 months)
Confidential : No

Type of Transaction:

  • Acquisition
  • Sale

Synopsis of the Deal: VdA advised Horizon in the acquisition of 50% of the share capital of HL – Sociedade Gestora do Edifício, S.A. (“HL”) and 40% of the share capital of Haçor – Concessionária do Edifício Hospital da Ilha Terceira, S.A. (“Haçor”) (“Target Companies”) from Mota – Engil, Engenharia e Construção, S.A. and Mota-Engil, Ambiente e Serviços, SGPS, S.A. (“Mota Group”).
VdA’s assistance involved: (i) a performance of a legal due diligence over the Target Companies and (ii) the drafting and negotiation of the Share and Credits Sale and Purchase Agreement. VdA also provided assistance regarding all the relevant corporate documentation in relation to the Transaction.

Target:

  • HL (50%); and
  • Haçor (40%)

Target Industry:

  • Infrastructure | Projects
  • Health Care
  • Government

Country of Target: Portugal
Sellers (%) – Country: Portugal

Mota Group:

  • Mota – Engil, Engenharia e Construção, S.A.
  • Mota-Engil, Ambiente e Serviços, SGPS, S.A.

 

Purchaser – Country: Portugal
Horizon Equity Partners, S.A.
Deal Value (in local currency): Global amount of approximately € 21.000.000.
Financial Advice: KPMG
Legal Advice:

Adviser (Parties Advised):

  • VdA – Horizon Equity Partners, S.A.

Adviser
(Team Involved):

  • Paulo Trindade Costa (Partner, M&A)
  • Teresa Empis Falcão (Partner, Infrastructure & Mobility)
  • Rita Marques (Senior Adviser, M&A)
  • Catarina Coimbra (Senior Associate, Infrastructure & Mobility)
  • Maria Leonor Piconez (Senior Associate, M&A)
  • Isa Rodrigues (Associate, M&A)

Practice Areas:

  • M&A
  • Projects | Infrastructure

Press Release / Links: