Portugal
Cuatrecasas advises on the sale of Quadrante Group, a transaction aimed at accelerating the company’s international growth
July 7, 2026
Don’t miss our content
SubscribeCuatrecasas advised Henko Partners, QDI and other minority shareholders on the competitive tender process for the sale of Quadrante Group to Permira, a global private equity firm. QDI Founders, together with Henko Partners, will remain significant investors. Permira’s investment will accelerate Quadrante’s international expansion, particularly in the US, and strengthen the company’s position as a global engineering partner for developing energy transition and critical infrastructure assets.
Quadrante is a leading Iberia-based consulting firm that specializes in engineering, architecture, environmental services, and sustainability. It works primarily with international clients and has affiliates in Europe, Africa, Brazil, and Latin America.
Henko Partners is an Iberian private equity fund that specializes in supporting outstanding small and medium-sized companies in Portugal and Spain. It also supports mid-sized companies in markets with long-term growth trends.
Cuatrecasas provided comprehensive sell-side support, including vendor due diligence, transaction structuring, Q&A process support, assistance throughout the competitive bid process, negotiations with preferred bidders, and support through signing. We also advised on the reinvestment and the shareholders’ agreement to be entered into with the rollover shareholders.
The Cuatrecasas team advising Henko Partners and QDI was led by Mariana Norton dos Reis, head of Private Equity and co-head of Corporate. The team comprised Telma Carvalho, Sofia Alves and Madalena Sande Lemos, all from the same practice area, as well as tax specialist Tiago Martins Oliveira, among other specialists.
Mariana Norton dos Reis stated: “The tender process was particularly demanding, as the deal was highly competitive, the target operates across approximately 20 jurisdictions, and the sell-side structure involved multiple sellers and a rollover component. All parties also wanted to capitalize on momentum and reach a swift signing, which resulted in a tight timeline. It is especially rewarding to have advised Henko Partners on its initial investment in Quadrante, to have witnessed that investment’s growth firsthand, and now to complete the full cycle through to exit and rollover alongside the founders and management. Permira’s investment creates a compelling opportunity, supported by the shared ambition of positioning Quadrante as a leading sustainability-focused engineering firm.”
In 2023, Cuatrecasas advised Henko Partners on its entry into Quadrante’s share capital, with the aim of positioning it as a leading sustainability-focused engineering firm.
July 7, 2026
Don’t miss our content
Subscribe