Portobello Validates Investment Strategy by Selling its Shares
Cuatrecasas has advised Portobello Capital ("Portobello”)—a leading independent private equity manager—on selling its stake in AGQ Labs ("AGQ”) to Fremman Capital ("Fremman”). With this transaction, AGQ will be able to drive its expansion plans and focus on consolidating its presence in key markets. It will also diversify its services and search for international growth through an active mergers and acquisitions strategy. In this way, Portobello continues to reinforce an investment strategy based on boosting the growth of invested companies through establishing active partnerships and a strong collaborative spirit.
AGQ is a world leader in testing services, operating in over 30 countries through a network of 22 laboratories with around 1,200 employees. It deals with international and diverse clients from different sectors including agriculture, food and beverage, environmental services, mining and metallurgy. Its services are crucial for providing security, compliance and quality assurance to clients in complex and highly regulated markets.
