SRS Advogados has advised Velocidi (specialist in private customer data platforms) on the acquisition of Shiftforward, a Portuguese company specializing in private marketing technology.

The SRS team was led by Partner William Smithson, supported by Francisco Caetano (Managing Associate) and Maria de Lancastre Valente (Partner), as well as by Neuza Pereira de Campos (Managing Associate) and José Pedroso de Melo (Managing Associate).

William Smithson commented “This transaction yet again provides further evidence of the maturity of the Portuguese tech startup sector and the attractiveness of Portuguese tech companies to US strategic investors in the tech sector. To be involved in yet another successful FDI transaction in the Portuguese startup / tech segment further enhances and demonstrates SRS’ leading position in this market.”

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