SRS Legal advised C2 Capital on a €15 million investment in Everbio, a company of the IMG Group that centralises the group’s research and development (R&D) activities.
The transaction forms part of IMG Group’s investment plan, valued at approximately €39.5 million and recognised as a project of special interest to the Portuguese economy. The investment will support the creation of an industrial innovation hub in Portalegre, responsible for defining and implementing IMG Group’s R&D strategy, with a focus on recycling, circularity, sustainable materials and high-performance, environmentally efficient production processes.
SRS Legal’s advice to C2 Capital included structuring of the transaction as well as drafting and negotiation of the contractual documentation associated with the investment. The team included Partner Gustavo Ordonhas Oliveira and Associate Solange Fernandes.
“This investment reflects the growing attractiveness of projects with a strong industrial innovation and sustainability component in Portugal. Our team was committed to structuring a solution that not only enabled C2 Capital to enter a strategic phase of Everbio’s development, but also provided flexibility for future growth milestones. We are very pleased and proud to have supported C2 Capital in this transaction,” said Gustavo Ordonhas Oliveira, partner and head of Private Equity & Venture Capital at SRS Legal.