Restart Capital PT

What Restart Capital PT does

Restart Capital, Unipessoal, Lda. is a Lisbon-based private investment management firm and wholly-owned subsidiary of UK-headquartered Arrow Global Group. Founded in 2022, the firm operates a dual-cycle strategy: a restructuring cycle that invests in and supports economically viable companies facing financial distress — including excessive debt, working-capital constraints, and special situations — through sector-agnostic financial and operational restructuring, production reorganizations, industrial modernization, and stakeholder negotiations; and a growth cycle that deploys capital into SMEs and mid-caps within the construction and real estate value chain, supporting professionalization, internationalization, and value-chain synergies.

The firm's product portfolio comprises two core investment offerings — credit investments (€375m AuM across 22 deals) and equity investments (€60m AuM across 5 deals) — supplemented by business advisory, debt tracing and recovery, and statistical analysis and profiling services. Revenue is generated through management and performance fees on AuM, transaction-level returns on debt and equity positions, and professional-services fees on advisory mandates. All products are delivered within the Arrow Global Portugal ecosystem, alongside Whitestar (NPL servicing), Norfin (real estate investment management), Details (hospitality and leisure), Hefesto (credit securitization), Nexor (affordable housing), CredImediato (credit brokerage), and From: (real estate asset commercialization), providing cross-entity origination, servicing, and realization capabilities.

Go-to-market is sales-led and enterprise-oriented: the firm engages directly with company management, boards, and stakeholders to structure bespoke debt, equity, or hybrid solutions, leveraging Arrow Global's national and international network for deal sourcing and partner referrals. The firm is headquartered at Avenida Almirante Gago Coutinho in Lisbon and operates primarily in Portugal, with international reach accessed through its parent group's European footprint.

Name

Restart Capital PT

Legal name

Restart Capital, Unipessoal, Lda.

Website

https://restartcapital.pt

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Restart Capital is a Lisbon-based private investment management firm and Arrow Global Group subsidiary that deploys debt and equity capital into Portuguese companies, focusing on financial restructuring of distressed businesses and growth capital for SMEs and mid-caps in the construction and real estate value chain.

Ownership category

akta.pro rank

Product category

Private Credit and Special Situations Investment

NAICS

Credit Intermediation and Related Activities (522), Other Financial Investment Activities (5239)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Stressed / Rescue Financing Funds (FSANAKAE)

akta.pro secondary industries

Middle-Market Lending (FSANADAI), Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Private credit investments
• Special situations investing
• Distressed company restructuring
• Growth equity investments
• Real estate value chain

Headquarters

HQ city

Lisboa, Portugal

HQ country

Portugal

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Debt Investment Solutions: Provides debt financing to companies in restructuring or growth phases, generating returns through interest payments and principal repayment.
2. Equity Investment Solutions: Takes equity stakes in target companies, generating returns through capital appreciation and exit events.
3. Hybrid Investment Solutions: Combines debt and equity instruments, providing flexible capital structures tailored to company needs and risk profiles.
4. Advisory and Management Fees: Advisory services for business and client management, asset reformulation and recovery services, including consultancy for purchase, sale and collection of debts.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Restart Capital provides bespoke debt and equity capital to companies, using credit instruments for financial and operational restructuring and equity investments to support business growth. It also structures hybrid debt-equity capital and acts as a financial and strategic partner to economically viable distressed companies and growth-oriented SMEs and mid-caps.

Product overview

Restart Capital PT operates as an investment management firm offering two core investment products: Credit Investments (€375m AuM, 22 investments) focused on debt restructuring for financially distressed companies, and Equity Investments (€60m AuM, 5 investments) targeting growth in SMEs and Mid Caps within the construction and real estate value chain. The firm also provides complementary service offerings including business advisory, debt tracing and recovery, and statistical analysis and profiling services. All offerings are delivered within the Arrow Global ecosystem, providing access to consolidated platforms, extensive networks, and cross-selling opportunities across associated entities.

Differentiator

Problem solved

Functional benefit

Products and services

• Credit Investments Debt investment solutions for economically viable companies facing financial distress, supporting financial and operational restructuring, production reorganizations, industrial modernization, and negotiations with key stakeholders. The portfolio totals €375m in assets under management across 22 credit investments.
• Equity Investments Equity capital for SMEs and mid-caps with value-added business models in the construction and real estate value chain. The investment supports growth, management professionalization, internationalization, and value-chain synergies; the portfolio totals €60m in assets under management across 5 equity investments.
• Hybrid Investment Solutions Capital structures combining debt and equity instruments to provide financing tailored to a company's needs and risk profile.
• Business Advisory Services Advisory services for the business and management of own and third-party clients, including business and asset reformulation, asset recovery, debt purchase and sale consultancy, and credit-portfolio evaluation and management.
• Debt Tracing and Recovery Services Services that trace debtors, locate customers and updated contact information through third-party data providers, and apply analytics to optimize debt-recovery strategy.
• Statistical Analysis and Profiling Statistical analysis and profiling services that create scorecards, models, and variables for credit assessment, fraud detection, risk evaluation, and identity verification.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered core and supporting.

• WhitestarcoreStrategic or Co-development PartnerNPL Servicer and Loan Servicing specialist. Largest servicer in Portugal offering complete and integrated solutions for investors and originators. Specialist in managing performing and non-performing loans. Acquired by Arrow Global Group in 2015.
• Norfin SGOIC and Norfin ServiçoscoreStrategic or Co-development PartnerReal estate investment and asset management firm. Active management of direct real estate investments via regulated and non-regulated funds. Hands-on approach including planning, licensing, budgeting, supervision, project management. Acquired by Arrow Global Group in 2018.
• Details – Hospitality, Sports, LeisuresupportingStrategic or Co-development PartnerHospitality operator managing 14 hotels following Dom Pedro Hotels integration. Largest portfolio of golf courses in Portugal including Vilamoura courses. Provides hospitality and leisure operational synergies. Acquired by Arrow Global Group in 2022.
• From:supportingStrategic or Co-development PartnerReal estate asset commercialization and activation platform. Data-driven approach to accelerate sales and maximize asset potential across Arrow ecosystem. Strategic positioning and market insights.
• HefestosupportingStrategic or Co-development PartnerLargest independent credit securitization company in Portugal. Credit securitization platform registered with CMVM (Portuguese Securities Market Commission). Over 30 issuances completed.
• NexorsupportingStrategic or Co-development PartnerAffordable housing investment management specialist. Expertise in opportunity identification, feasibility analysis, financial structuring, project management, and marketing strategies. Standardized processes for scalable development.
• CredImediatosupportingStrategic or Co-development PartnerCredit brokerage services complementing Arrow Global Portugal ecosystem. Provides credit intermediation capabilities.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ECS Capital: Portuguese alternative investment manager specializing in special situations and corporate restructuring, operating with similar dual-cycle DNA to Restart Capital. Directly comparable in targeting distressed-but-viable Portuguese SMEs and mid-caps.
• Hayfin Capital Management: European private credit specialist managing multi-billion-euro AuM across direct lending, special situations, and distressed debt. Comparable to Restart's credit cycle but at substantially greater scale and broader European reach.
• Pemberton Asset Management: European direct lending and private credit manager focused on mid-market borrowers across Western Europe. Comparable to Restart's middle-market credit cycle from a product and target-borrower perspective.
• GED Capital: Portuguese alternative asset manager focused on private equity, real estate, and infrastructure with Iberian reach. Comparable to Restart in its Iberian mid-market focus and combined debt/equity approach to mid-sized companies.
• Explorer Investments: Portuguese private equity and alternative investment firm managing private equity, venture, and real estate funds. Comparable to Restart's growth-equity cycle targeting Portuguese SMEs/mid-caps with value-add operational support.
• C2 Capital Partners: Special-situations investor focused on Iberian mid-market opportunities, including restructurings and growth capital. Closely comparable to Restart's dual restructuring/growth mandate and Iberian geographic focus.

Broad incumbents

• Magnum Capital: Iberian private equity firm investing in Spanish and Portuguese mid-market companies across multiple sectors. Comparable to Restart's growth-equity cycle and Iberian footprint, but with broader sector exposure and longer track record.
• Alantra: Iberian-headquartered independent financial advisory and asset management firm with significant private debt and special situations capabilities. Overlaps with Restart in Iberian corporate finance advisory and credit investment services.
• Arrow Global Group: Parent company and ultimate owner of Restart Capital, with €13bn AuM across European credit and real estate markets. Closely related as parent, with overlapping credit and asset-management activities across broader European geographies.

Others

• Whitestar: Sibling entity within the Arrow Global Portugal ecosystem and Portugal's largest NPL servicer. Comparable as an adjacent capital-recovery and credit-services platform enabling operational synergies with Restart's restructuring cycle.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/restart-capital-pt

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Restart Capital PT