Eurogalva is a Portuguese industrial services company that was founded in 2005 as part of an industrial conglomerate. The company is dedicated to coating processes of metallic surfaces, specialised in hot-dip galvanisation.
Our decade-old relationship with them began when Clearwater was brought in to support the Eurogalva management team execute a Management Buyout (MBO) in 2014.
Then following the MBO, Eurogalva’s attention turned to growing organically and investing in the continuous improvement of its processes, portfolio, and people which we continued to support on.
Leveraging regional contacts and sector-specific insights, we have helped Eurogalva achieve the highest possible valuation and secure acquisitions that have helped supercharge its growth.
Acquiring Fisola
Following the investment, Eurogalva has been able to continue both its organic growth, as well as capitalise on and unlock new strategic opportunities in the market. This included growing its portfolio and completing the acquisition of Group Fisola.
With over 45 years of experience, Group Fisola is an industrial group specialised in the manufacture of large metallic structures such as low, medium and high voltage iron fittings and other accessories, railway equipment, luminaires and other metallic structures.
Like the investment from Explorer, the fit was obvious. With the support of the Clearwater team, Eurogalva was able to complete the acquisition in 2021, allowing the business to continue accelerating its long-term growth strategy and development of new processes, helping consolidate its position in the industrial sector.
Becoming trusted advisors
Clearwater’s relationship with Eurogalva hasn’t finished with these two transactions. A decade-old relationship built across multiple transactions now means that Clearwater has become a trusted adviser to the management team and continually supports them with scanning for new opportunities and potential transactions.
Leveraging regional contacts and sector-specific insights, we have helped Eurogalva achieve the highest possible valuation and secure acquisitions that have helped supercharge its growth. The relationship has even gone beyond the transactions that have taken place, with Eurogalva’s management team continuing to work with Clearwater’s advisory team for support and to find new market opportunities.
Securing investment
For Eurogalva’s management team to realise their ambition, it quickly became clear that they needed the right partner, but only at the right time.
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.
Clearwater’s relationship with Explorer goes back many years, and it was clear to us from the very beginning that they would be the right partner and fit to support Eurogalva on its growth journey.
Explorer saw the vision, and the result was a €3m investment to strengthen Eurogalva’s positioning in value-added industrial services, as well as develop the business’s long-term growth strategy by focusing on innovation and development of new processes.
The Clearwater difference
1 Finding the right partner to consolidate market position
2 Leverage existing contacts and sector-specific knowledge
3 Establish close relationship with management team to build long-term success
Clearwater advisers
Alexandre Almeida
Associate Director - Deal Origination +351 910 541 766 alexandre.almeida@clearwatercf.comSuccess stories
