Technology Most Active Sector in Year to May 2021

By transaction volume, the technology sector was the most active sector during the first five months of 2021, with 23 transactions, followed by the Real Estate sector (22).

The figure stems from the May monthly report presented by TTR (Transactional Track Record). There were a total of 141 transactions for €3.1 billion. Acquisitions by US companies in Portugal increased by 25%, while there was a 34% increase in the number of Venture Capital deals.

According to the Transactional Track Record, the Portuguese transactional market registered a total of 141 transactions and moved EUR 3.1bi, with 40% of the total transactions having their values disclosed. These figures represent a 10% decrease in the number of transactions compared to the same period in 2020 and a 53% decrease in the capital raised.