CCSL Advogados and Andersen jointly advised Closer Consulting, a leading company in the data and AI sector, on the sale of its business to the French group Smart4 Engineering.
The CCSL Advogados team, led by Mafalda Almeida Carvalho and Frederico Félix Alves, partner and Of Counsel from the Corporate and M&A practice, was also made up of Margarida Bragança and Catarina Flor Ferreira and ensured the legal and corporate aspects of the deal.
Andersen’s team, coordinated by partner Gonçalo Cid and also including Hugo Gomes and Beatriz Graça, ensured the structuring and tax monitoring of the transaction.
Founded in 2006, Closer currently has more than 350 professionals in its offices in Portugal, Brazil and the UK and with this deal it becomes the first Portuguese company to join Smart4 Engineering, maintaining the autonomy of its operation and expanding its Data Science and Artificial Intelligence services. Closer closed the last financial year with a turnover of around 18 million euros.