CCSL Advogados

CCSL Advogados, in collaboration with Tribeca Abogados, provided legal counsel to Insulation Technology Group in the acquisition of Cerisol Isoladores Cerâmicos, a company in the ceramic insulation sector. Insulation Technology Group is an international holding company with over 1,500 employees and is part of the TJC LP fund portfolio. It operates in the manufacturing of porcelain electrical insulators for high and medium voltage, with a presence in Europe, North America, and South America. This transaction allows Insulation Technology Group to reinforce its leadership in the industrial insulation sector and advance its European market expansion strategy, highlighting its longstanding commitment to innovation in porcelain technology within the electrical grid industry. On CCSL’s side, the transaction was led by corporate and M&A partner Mafalda Almeida Carvalho, with the participation of partner João de Lemos Portugal in real estate and regulatory matters, of counsel Margarida Bragança in labor law, of counsel Frederico Félix Alves (corporate and M&A), and associates Bárbara Rodrigues Ferreira (corporate and M&A) and Mariana Alves de Melo (real estate and regulatory law).

CCSL Advogados advised Explorer Investments on the acquisition of two prestigious hotels in the Douro: the Douro Royal Valley Hotel & SPA and the Douro Palace Hotel Resort & SPA. This transaction marks the first investment of the newly established Hospitality I Fund, created by Explorer Investments to drive and consolidate the hospitality sector in Portugal. The multidisciplinary team at CCSL Advogados was coordinated by Rita Rendeiro, Partner responsible for the Finance practice, and Frederico Félix Alves, Of Counsel in the Corporate practice. The team also included João de Lemos Portugal, Partner responsible for Real Estate, José Calejo Guerra, Partner responsible for Tax, Margarida Bragança, Of Counsel in the Labour practice, as well as associates Mariana Alves de Melo (Real Estate) and Lourenço Noronha Andrade (Finance). The Hospitality I Fund aims to acquire and manage high-performing hospitality assets, focusing on value creation through strategic repositioning, synergy optimization, and sustainable growth, with a strong emphasis on attracting international clientele. The full acquisition of JASE Empreendimentos Turísticos, the company that owns and operates both hotels, represents a significant milestone for the sector. The Douro Royal Valley Hotel & SPA, a five-star hotel with 84 rooms, and the Douro Palace Hotel Resort & SPA, a four-star property with 60 rooms, now reinforce Explorer Investments' growth strategy, further consolidating its position in Portugal’s hospitality market. 29/01/2025

CCSL Advogados has advised the creation of a joint venture between King Street and ALEA to invest up to €375M in Student Housing Platforma.The agreement between ALEA, a company focused on alternative asset management, and King Street Capital Management, a leading investment management firm, aims to accelerate the expansion of ALEA’s Alternative Housing Solutions build-to-rent platform, focused on student accommodation. The CCSL Advogados team was led by Corporate Of Counsel Frederico Félix Alves and included partners José Calejo Guerra (tax), João de Lemos Portugal (real estate), Rita Rendeiro (regulatory and compliance), as well as lawyers Mariana Alves de Melo (real estate) and Lourenço Noronha Andrade (regulatory and compliance). CCSL oversaw the legal and tax aspects of the transaction, while Eastdil Secured, a global real estate investment bank, served as financial advisor in the formation of the joint venture. Through its branded platform, ALEA and King Street are initiating this partnership with the development and operation of three student housing assets, with a total area of 36,000m², located in key university cities in Portugal. This partnership is supported by ALEA's solid experience in the development, operation, and sale of purpose-built projects for this market. ALEA’s initial projects in the pipeline include over 3,500 student housing units in Portugal. ALEA has developed an Alternative Housing Solutions strategy focused on the investment, development, and operation of assets through a branded platform, targeting student and family use, specifically designed to address the structural supply-demand imbalance in the pan-European housing market, starting in Portugal. King Street Real Estate, the real estate investment division of King Street Capital Management, specializes in equity and debt investments in disruptive markets and complex situations. Since its founding, King Street has completed transactions totaling $15 billion in real estate securities and real estate-related investments, with over $26 billion in assets under management across both public and private markets.    

CCSL Advogados has successfully advised Dare Data Engineering in securing an investment from NOS SGPS. The CCSL Advogados team was led by Mafalda Almeida Carvalho, partner and head of the M&A practice, with support from Francisco Borges Coelho. Dare Data Engineering, a Portuguese company specializing in data infrastructure development and projects based on generative Artificial Intelligence (AI) and machine learning, was founded in 2019 and is currently headed by Nuno Brás, Ivo Bernardo, and Rui Figueiredo. The company boasts over 50 engineers and data scientists, with operations spanning the United States, Brazil, Spain, France, Greece, Norway, and Australia. Operating across various sectors, including pharmaceuticals, telecommunications, banking, logistics, and energy, Dare Data Engineering experienced a revenue growth of approximately 80% last year, reaching three million euros. "We are thrilled to have played a role in facilitating this strategic investment," said Mafalda Almeida Carvalho. "This collaboration not only underscores the growing importance of AI and machine learning but also highlights Dare Data Engineering's remarkable growth and potential in the global market."