Atena Equity Partners
ABOUT ATENA EQUITY PARTNERS
Atena Equity Partners is a CMVM-registered SCR based in Lisbon and founded in 2014, focused on control-oriented private equity. It targets established companies in industrials, healthcare and business services, taking majority or significant minority positions to actively drive strategy through succession, consolidation, restructuring and carve-out situations. Atena raised its first fund in 2014 and invests today from Atena III, a ~€60M Article 8 fund closed in October 2024 with international institutional investors. Its 11 current portfolio companies — including Tecnifreza, Malo Clinic, Unisana, Sidefarma, Plastrofa, Matcerâmica, Redshift, NacionalGest, Buzz DMC and Pontual IT — generate more than €300M in sales and employ over 2,500 people; realized exits include Cariano (2023), SIMI (2022), ASBW (2020), Leya, Páginas Amarelas, Prado and Science4You. The firm is led by Founding Partners João Rodrigo Santos and Miguel Lancastre, with Partner João Morgado. Its hands-on approach to established Portuguese companies in traditional industrial and services sectors, paired with a substantial record of completed exits, sets Atena Equity Partners apart from purely minority-stake venture investors.
INVESTMENT THESIS
Control-oriented investor in industrials, education, and healthcare. Takes majority or significant minority positions and actively drives strategy. Succession, consolidation, and restructuring deals.
INVESTMENT DETAILS
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FREQUENTLY ASKED QUESTIONS
What stage does Atena Equity Partners invest at?
Atena Equity Partners invests at Growth stage.
What is Atena Equity Partners's typical ticket size?
Atena Equity Partners typically writes cheques of ~€15M.
What sectors does Atena Equity Partners invest in?
Atena Equity Partners focuses on Industrials, Healthcare, Business Services.
Where is Atena Equity Partners based?
Atena Equity Partners is a VC (SCR) based in Lisbon, Portugal, founded in 2014.
Who are the partners at Atena Equity Partners?
Key people at Atena Equity Partners include João Rodrigo Santos (Founding Partner), Miguel Lancastre (Founding Partner), João Morgado (Partner).
What companies has Atena Equity Partners invested in?
Atena Equity Partners's portfolio includes Cariano, Plastrofa, Grupo Matcerâmica, SIMI, Sidefarma, Malo Clinic, Tecnifreza, E&T Plastics, among others.
Is Atena Equity Partners actively investing?
Atena III (€60M, Oct 2024), deploying.
Can I invest in Atena Equity Partners's funds as an external investor?
Atena Equity Partners raises its funds from external investors (LPs). No open subscription window is publicly announced right now — prospective LPs are typically onboarded when the next fund is raised.
How do I contact or pitch Atena Equity Partners?
You can reach Atena Equity Partners via their website (www.atenaep.com). You can also run your startup through Portugal VC's AI matcher to get a ranked shortlist of the investors that fit.