Transaction

Clearwater advises Perfinox on securing growth capital from Explorer Investments

Transaction

Perfinox raised growth capital from Explorer Investments

Sell-side

Undisclosed

Role

Adviser to Perfinox on securing growth capital from Explorer Investments

Sector

Industrial & Chemicals

Region

Portugal

Clearwater has advised Perfinox, a manufacturer of solutions for the food industry, on securing growth capital from private equity firm Explorer Investments.

Perfinox is a Portuguese manufacturer of solutions for the food industry, including formulation, processing, and CIP cleaning systems. Since 1997, Perfinox has been growing organically and investing in the continuous improvement and innovation of its products.

Explorer Investments is a leading Portuguese private equity firm with more than 15 years of experience, over €1.4bn under management and four different business areas. The Explorer Growth Fund II was recently created with the strategy to support mid-cap Portuguese companies in pursuing and increasing their investment in R&D.

Explorer Investments will support the Company’s strategy, focusing on R&D, innovation, and development of their current portfolio of products, contributing to improving Perfinox positioning and value-added solutions for the food industry.

food processing machine

We are excited to welcome Explorer Investments as our new partner for the next growth cycle of the Company. Explorer Investments will support our ambitious plans to become an unavoidable player in an increasingly competitive market. We also want to thank Clearwater’s team for demonstrating a comprehensive understanding of our objectives and for working towards the success of this project.

António Tavares, Founder & CEO, Perfinox
food processing machine

Perfinox has great potential to strengthen its market positioning as a value-added solutions provider for the food industry and the funds raised from Explorer Investments will have a substantial contribution to achieving the business’s long-term growth strategy, focusing on innovation and development of new products.

Rui Miranda, Partner, Clearwater

Advisers

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