Portobello acquires a 24% stake in Controlauto
Portobello Capital has acquired a 24% stake in the Portuguese company Controlauto through its minority fund Portobello Structured Partnerships.
Controlauto is the leading technical vehicle inspection (“ITV”) operator in Portugal and one of the five largest ITV groups in the Iberian Peninsula. With this participation, Portobello will support Controlauto’s internationalization in Spain and other Southern European countries. For the fund manager, this would be Portobello Structured Partnerships Fund I’s sixth investment and Portobello Capital’s first direct investment in Portugal.