Pinto Ribeiro advises on sale of Warpcom to Evolutio

Pinto Ribeiro Advogados has advised on the sale of Warpcom to the Spanish group Evolutio

pjimage 2021 12 06T094814.278Pinto Ribeiro Advogados has advised on the acquisition of 100% of the share capital of Warpcom SA, by the Spanish group Evolutio Cloud Enabler.

Warpcom, a spin-off company of the former Dimenson Data, has experienced in recent years, an exponential growth as a market-leading technological integrator in the development of end-to-end solutions in the areas of Networking & Infrastructure, Collaboration & Customer Experience, Data Center & Multi Cloud and Cybersecurity. The company started its internationalisation expansion in 2017, to the Spanish market.

A spokesperson said: “With this integration, Evolutio Cloud Enabler aims to create natural synergies between the two companies, in a joint and integrated approach to the Iberian market, strengthening its leadership position in the same and adding to its consolidated presence in Spain the work developed by Warpcom in the its offices in Lisbon, Porto, Faro and Funchal and its team of more than 130 professionals.”

Pinto Ribeiro Advogados’ team was led by partner João André Antunes (pictured left), who highlighted the importance that this operation assumes for the two companies, taking into account its strong complementarity and the great harmony existing with regard to the respective principles and objectives. “The tenacity that Warpcom has shown in the last five years, the result of the work and vision of its management team, is yet another confirmation that Portuguese companies, when well led, are capable of bringing out the best in their teams and achieving results at the level of the best international standards. On our part, as legal advisors, it was only up to us to ensure that this transaction will enhance, more than a mere change in the shareholder structure, the continuation of the path of growth that has been followed.”

This transaction also involved lawyers Ana Luísa de Oliveira (pictured top right) and Sofia Ginestal Albuquerque (pictured bottom right) (associate lawyers in the Business Law area of Pinto Ribeiro Advogados).

Michael Heron