S317 Consulting enhances its ESG portfolio with strategic acquisition
Deal News | Dec 03, 2024 | Iberian Lawyer
In a strategic move to bolster its ESG capabilities, S317 Consulting, owned by the FCR Touro I Fund under the management of Touro Capital Partners, has acquired Sair da Casca Consultoria em Comunicação da Responsabilidade Social. The acquisition, advised by DLA Piper in Portugal, involved a comprehensive advisory package encompassing transaction structuring, negotiation, legal due diligence, and documentation preparation. Led by João Costa Quinta, a partner at DLA Piper and co-head of the corporate/M&A practice, the legal team included senior associate Margarida S Marques and associate Maria Loureiro. This acquisition aims to fortify S317 Consulting’s market stance in sustainability and corporate responsibility, leveraging synergies to align with ESG (Environmental, Social, and Governance) criteria.
Sectors
- Legal Services
- Private Equity
- Energy Transition
- Sustainability and Corporate Responsibility
Geography
- Portugal – The advisory firm, DLA Piper, conducting the legal advisory services is located in Portugal, and it involves a Portuguese transaction.
Industry
- Legal Services – The article involves advisory services for an acquisition, which is a primary legal activity.
- Private Equity – S317 Consulting is owned by the FCR Touro I Fund, managed by Touro Capital Partners, indicating involvement in private equity.
- Energy Transition – S317 Consulting specializes in energy transition, making it a relevant industry for the article.
- Sustainability and Corporate Responsibility – The acquisition aims to enhance S317's portfolio in sustainability and corporate responsibility, aligning with ESG criteria.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| S317 Consulting | Target company | Company | A company specializing in energy transition, owned by the FCR Touro I Fund, engaging in acquisition to expand ESG offerings. |
| FCR Touro I Fund | Owner of the Target | Company | Managed by Touro Capital Partners, this fund owns S317 Consulting. |
| Touro Capital Partners | Fund Manager | Company | The managing entity of FCR Touro I Fund, responsible for the strategic direction and operation of its investments. |
| Sair da Casca Consultoria em Comunicação da Responsabilidade Social | Target company | Company | The company being acquired, specializing in social responsibility and corporate communication. |
| DLA Piper | Legal Advisor | Company | The legal firm advising S317 Consulting on the acquisition deal process. |
| João Costa Quinta | Partner leading transaction | Person | A partner at DLA Piper in Portugal and co-head of the corporate/M&A department. |
| Margarida S Marques | Senior Associate | Person | A senior associate on the DLA Piper team involved in the acquisition. |
| Maria Loureiro | Associate | Person | An associate at DLA Piper involved in the acquisition process. |