Abreu advises HCapital on sale of Frotcom International
Abreu Advogados has advised HCapital on the sale of its stake in Frotcom International to Snowfall Capital, LLC, for a total amount of €15 million.
Frotcom International is a Portuguese supplier of vehicle tracking and fleet management systems, present in more than 30 countries, through a network of international distributors. It offers a complete service regarding driver and safety management, route planning and monitoring.
The Abreu team involved in this advisory work was coordinated by Marta Romano de Castro, partner of the Corporate and M&A practice area.
HCapital is an independent private equity firm that invests, through dedicated funds, in a wide range of companies, from start-ups to companies with more years in the market.