EFFISUS: Arada Capital Partners’ First Investment in Portugal

It is with great pleasure that we, at Arada Capital Partners SCR, announce our first investment in Portugal through the acquisition of a stake in Effisus – Excellence in Weatherproofing, a leading multinational in the waterproofing solutions sector for ventilated facades. This strategic investment was carried out via Viriato Capital, a Search Fund led by the distinguished Miguel Costa Freire and Pablo Alvarez Guerra.

Effisus was founded in Vila Nova de Famalicão in 2005 by Pedro Carvalho and Paulo Carvalho to develop and market integrated construction solutions aimed at promoting energy efficiency and ensuring the watertightness of building facades and roofs, as well as fire protection. Effisus’ waterproofing solutions can be applied in a wide range of situations, from cladding facades of high-rise towers and skyscrapers to solving waterproofing issues in elements such as gutters, skylights, window frames, joints, and perforations.

Effisus ended 2023 with a turnover of more than 10 million euros. Exports account for the majority of the company’s turnover, with its main international markets being the United Kingdom, United Arab Emirates, Saudi Arabia, and Spain. Effisus currently has about 40 employees, distributed between Portugal, the United Kingdom, and Dubai.

Its portfolio of exclusive products for building facades and roofs includes dozens of projects, such as the Apple headquarters in California, the iconic Museum of the Future and Burj Al Arab hotel in Dubai, the Guggenheim Museum in Abu Dhabi, the new Google headquarters in Dublin, Santiago Bernabéu Stadium in Madrid, Hudson Yards in New York, Battersea Power Station in London, and the Riyadh Metro in Saudi Arabia.

Viriato Capital’s investment in Effisus aims to boost the company’s growth, strengthen its position in current markets, and promote entry into new markets. Furthermore, this investment supports the development of solutions at Effisus that contribute to greater energy efficiency and sustainability in building construction, thus aligning with environmental preservation. It is noteworthy that the name ‘Effisus’ derives from ‘Efficiency’ and ‘Sustainability’ in English, reflecting the core of its business mission.

Effisus holds a niche position in a target market with macro tailwinds, focusing on a high-value segment that is well diversified in terms of both products and geography. With a solid track record of financial success, growth with good margins and profitability, the company maintains a robust pipeline for the accomplishment of its business plan. The company, with its strong brand and unique value proposition, is excellently positioned for this new phase of growth.

Press article: https://www.eleconomista.es/capital-riesgo/noticias/###-###-#### /02/24/viriato-capital-crece-en-portugal-con-la-compra-de-effisus-.html