Abreu advises Idealista on acquisition of company that owns HCPro software

Abreu Advogados has advised the real estate marketplace, Idealista, on the acquisition of Smiling Cloud Lda, a leading proptech in the real estate solutions management in Portugal, which develops and operates the HCPro software.

Idealista is the main real estate marketplace in Southern Europe, leader in Portugal, Spain and Italy. This acquisition is part of its growth and technological expansion strategy, resulting in a greater development and specialisation of its services.

The Abreu team advising on this transaction was coordinated by partner António Pina and included a multidisciplinary team composed of Alexandra Courela, partner; Ricardo Henriques, partner; Mafalda Teixeira de Abreu, professional partner; Patrícia Perestrelo, professional partner; Sónia Gemas Donário, professional partner; Joana Maldonado Reis, associated partner and José Maria Alves Pereira, senior associate lawyer.

On the Idealista side, the legal team responsible for this operation was coordinated by Andrea Viale and Claudia Ferrer.

Michael Heron