Explorer Investments

Explorer Investments, S.C.R, S.A. is a private equity and venture capital firm established in 2003 and headquartered in Lisbon, Portugal. The firm specializes in growth capital, buyouts, and expansion investments across various sectors, excluding real estate and finance. It primarily targets opportunities in Portugal, with selective investments in Spain. Explorer Investments typically commits between €15 million and €45 million in equity per deal, with the potential to increase this amount through debt financing. The firm often takes a significant role in the management of its portfolio companies, usually acquiring either majority or minority stakes. It aims to exit investments within three to six years through sales to strategic or financial buyers. Additionally, Explorer Investments offers advisory services in real estate and tourism, further diversifying its operational scope.

Pedro Coutinho

Partner

Rodrigo Guimaraes

Founding Partner

Elizabeth Rothfield

Founding Partner

Jose Tiago Silva

Partner

Antonio Rocha e Silva

Partner

Past deals in Portugal

Shikan & Grill

Private Equity Round in 2015
Shikan & Grill is a drive-in restaurant located in Vila Nova de Famalicão, Portugal, specializing in a diverse menu that features barbecued chicken, burgers, salads, snacks, and desserts. The establishment emphasizes the provision of healthy and fresh fast food options, catering to customers seeking convenient dining solutions through both drive-in and takeaway services. To enhance the customer experience, Shikan & Grill employs digital signage technology to display menu items, prices, and other relevant information, ensuring that patrons have easy access to their offerings.

Texamérica - Têxteis

Private Equity Round in 2015
Texamérica - Têxteis, Lda. is a Portuguese company operating in the fashion industry, focusing on the production of apparel made from circular knitted and plain fabrics. The company manufactures a wide range of light fabric clothing for men, women, and children, specializing in knitted garments including tops, dresses, shirts, trousers, and cardigans. By offering various qualities and compositions, Texamérica aims to meet the diverse needs of its customers in the clothing market.

Grestel

Private Equity Round in 2014
Grestel manufactures tableware, serving accessories and ovenware made with the finest natural resources from Portugal, , and using its original formula of high-fired stoneware. Advanced technology meets skilled artisans to deliver to our customers around the world fine, durable and trendy oven-to-table with matching dinnerware.

Moldit

Private Equity Round in 2014
Moldit has a Design department in Portugal, two manufacturing facilities (Portugal and Brazil) and a network of partners across the world.

Six Senses Douro Valley

Private Equity Round in 2013
Six Senses Douro Valley is a luxury hotel and spa situated in Lamego, Portugal, within the scenic Douro Valley. The establishment offers a variety of accommodations, including rooms, suites, and villas, catering to a diverse clientele. Guests can enjoy a range of amenities, including a full-service spa, multiple dining options, a wine library, and swimming pools. Additionally, the hotel features an organic garden that enhances the guest experience and complements the region's rich agricultural heritage. With its picturesque surroundings and comprehensive facilities, Six Senses Douro Valley provides a tranquil retreat for visitors seeking relaxation and rejuvenation.

NDrive

Private Equity Round in 2013
NDrive’s software is based on on-board map data providing a network-independent user experience. It connects to the cloud for a wide range of Location Based Services, including map updates, real-time traffic information and social networks integration. Because of its mapping and data integration skills, NDrive is able to offer premium services globally based on OpenStreetMap (OSM), maps from Here, TomTom and from local providers around the world as required. The company was founded as a spin-off of a digital map business in 2007, has headquarters in Porto, Portugal, and offices in Shenzhen, China. NDrive is owned and managed by its founding entrepreneurs, leading a talented and dynamic team of 50 people with in-depth knowledge on Navigation and Location software. The company is highly cost and capital efficient. NDrive has developed a customer base of several million active users in more than 50 countries. Is well positioned to capitalize on high-growth markets wherever they may be. Our most recent B2C application, Karta GPS, which uses data from OpenStreetMap, is being exceptionally well received and reviewed in multiple diverse markets worldwide. Since 2007, NDrive has developed navigation solutions for more than 50 partners in more than 40 countries. Through long term partnerships NDrive software is currently installed in more than 20 million devices worldwide.

Gascan

Acquisition in 2009
Gascan operates as a distributor of piped propane gas in Portugal, serving approximately 60,000 customers. The company focuses on providing a safe and convenient energy source for both residential and bulk users. By prioritizing fast and efficient service, Gascan aims to enhance customer safety, well-being, and overall satisfaction with its offerings.

Starfoods

Private Equity Round in 2008
Starfoods SA is a privately held company that operates a fast food restaurant chain throughout Portugal. The company manages food courts located in shopping centers, offering a diverse menu that includes sandwiches, rusks, wraps, and salads. By focusing on convenience and variety, Starfoods aims to cater to a wide range of customer preferences, positioning itself as a key player in the Portuguese fast food market.
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