Abreu advises PHC Software on company sale
Abreu Advogados advised the shareholders of PHC Software, a Portuguese company specialising in the development and distribution of business software solutions, on the sale of the entire company to Cegid, a European leader in cloud-based business management solutions for the financial, human resources, CPA and retail sectors.
Founded in 1989, PHC Software has built up a strong reputation in the Portuguese market for offering solutions adapted to the needs of companies. It is a key player in the Portuguese SME market, offering a wide range of management solutions designed to support critical areas for medium-sized companies.
With more than 260 employees in its offices in Lisbon, Porto, Madrid, Maputo and Luanda, the company recorded a turnover of 17.6 million euros in 2023. It’s distribution network includes more than 315 certified partners, and its solutions are trusted by 170,000 users in approximately 37,000 client companies.
The Abreu Advogados team advising this company was led by partner Marta Romano de Castro and had the support of partners Carmo Sousa Machado and Inês Sequeira Mendes and associate Benedita Marques Pombo (all pictured from left to right).