- Sherpa Capital, a private equity firm focussed on mid-market investments with €250m capital under management, announces the investment in Ferreira de Sá, the Portuguese market leader in the European market for “tailor-made” luxury rugs for high-end furniture brands and interior decoration.
Founded in 1946 with head quarters in Espinho (Oporto), Ferreira de Sá has a strong position in the market for luxury rugs with a clear international outlook and more than 80% of turn over generated from exports.
The Company is known for the high degree of customization and flexibility allowed by its production process, as well as the quality of the rugs and the short delivery times. The success of the Company is based on the strength of its team and a production process that ingeniously combines latest technology with traditional Portuguese craftsmanship.
Thanks to the quality of the product and the unique services offered, Ferreira de Sá counts amongst its clientswell-known high-end furniture brands, luxury fashion groups and interior designers from around the globe. The Company prides itself on the long-termnature of these relationships.
With the investment from Sherpa Capital,Ferreira de Sá is initiating a new development phase focussed on international expansion and investments in new products and an increase in the production capacity.
According to Fernanda Barbosa, managing director of the Ferreira de Sá:
“The investment from Sherpa will reinforce our international expansion and help us consolidate our leading position in the market for luxury rugs in Europe.”
“We believe that the experience and thecapabilities that Sherpa brings to the table will accelerate our pace and helpus to achieve our business plan and our overarching objective to position Ferreira de Sá as a leading provider at a global level.”
Lars Becker, partner at Sherpa comments that:
“The investment in Ferreira de Sá will strengthen the Company´sposition in the market. We want to focus on developing the competitive advantages, such as the leading quality of its products and the speed of delivery. We are glad to be able to count on the ample experience by the founding family who will continue to lead the day-to-day running of Ferreira de Sá.”
The M&A advisor for the founding family of Ferreira de Sá was EY, supported by RRP Advogados as their legal advisors. Sherpa´s transaction advisor was BiG, supported by Deloitte as financial advisor and Cuatrecasas as legal advisor.
About Ferreira de Sá:
- Founded in 1946 with headquarters in Espinho (Oporto), Ferreira de Sá has a strong position in the market for luxury rugs with a clear international outlook and more than 80% of turnover generated from exports.
About Sherpa Capital:
Sherpa manages more than €250m through its Special Situations and Private Equity funds and is a leading private equity fund management company for investments in mid-sized companies in Spain and Portugal.