Atena Equity Partners
Also known as Atena Equity Partners - SCR, S.A., Atena EP
Lisbon private equity manager (CMVM-regulated SCR) founded 2014; control-oriented investments in Portuguese companies facing succession, consolidation or restructuring; third fund raised 2024.
- HEADQUARTERS
- Lisbon, Portugal
- FOUNDED
- 2014
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 12 people
Focus
- STAGES
- Buyout
- ASSET MIX
- Private equity
- GEOGRAPHY
- Portugal
Overview
Atena Equity Partners is a Lisbon-based private equity manager founded in 2014 and authorised by the CMVM, describing itself as an operational investor. It invests in Portuguese companies, profitable or loss-making and in any sector, typically taking control positions alongside management in family-succession cases, sector consolidations, operational and financial restructurings and carve-outs, using equity and debt structures. It raised its first fund in 2014 and invests from its third fund, raised in 2024 and classified under SFDR Article 8, whose investors besides the team are exclusively European and North American institutions. Its businesses, mainly in industry, health and business services, total over €300M in sales and more than 2,500 employees.
Investment thesis
Control or significant stakes in Portuguese companies with succession, sector consolidation, restructuring or carve-out situations, co-investing with management and adding in-house operational expertise.
PORTFOLIO (12)
- TecnifrezaNOTABLEIndustrial & Manufacturing · since 2017
- Malo ClinicNOTABLEHealthTech · since 2019
- UnisanaNOTABLEHealthTech · since 2021
- CarianoNOTABLEIndustrial & Manufacturing · since 2021 · Exited (2023)
- SidefarmaBiotech & Life Sciences · since 2021
- Quinta & Santos - ScoreIndustrial & Manufacturing · since 2022
- PlastrofaIndustrial & Manufacturing · since 2023
- MatcerâmicaIndustrial & Manufacturing · since 2023
- RedshiftSoftware & SaaS · since 2024
- NacionalGestFintech · since 2025
- Buzz DMCConsumer & E-commerce · since 2025
- Pontual ITSoftware & SaaS · since 2026
People
- João Rodrigo SantosFounding Partner · source
- Miguel LancastreFounding Partner · source
- João MorgadoPartner · source
- Salvador PalhaOperations Principal · source
- Filipe BarretoPrincipal · source
- Diogo LuisAssociate · source
- Isabel FerreiraOperations Associate · source
- José PáscoaCFO · source
- Carlota FerreiraAnalyst · source
- João CondeAnalyst · source
- Hugo Da SilvaAnalyst · source
- Mónica GomesOffice Manager · source
Links
Frequently asked questions
Atena Equity Partners is a private equity fund based in Lisbon, Portugal, founded in 2014.
Yes. Atena Equity Partners invests its own capital in private companies.
Atena Equity Partners invests at Buyout stage in Industrial & Manufacturing, HealthTech and Software & SaaS.
Key people at Atena Equity Partners include João Rodrigo Santos (Founding Partner), Miguel Lancastre (Founding Partner), João Morgado (Partner) and Salvador Palha (Operations Principal).
Atena Equity Partners's investments include Tecnifreza, Malo Clinic, Unisana, Cariano, Sidefarma, Quinta & Santos - Score, Plastrofa and Matcerâmica, among others.
The most recent publicly reported investment by Atena Equity Partners is Buzz DMC, announced in Jun 2025.
Yes. Atena Equity Partners manages capital from outside investors.