On 5 February 2026, the Portuguese Competition Authority received prior notification of a concentration under Article 37 of Law No. 19/2012. The transaction involves FS Servicer Bidco Espanha 2025, S.L.U. (“Finsolutia”) acquiring sole control over Hipoges Iberia, S.L. (“Hipoges”) and its subsidiaries.
About the Companies:
Finsolutia – A Spanish company part of the Finsolutia group, operating a credit and real estate management platform. Its main focus is managing NPLs (non-performing loans) and REOs (real estate owned assets) in Portugal and Spain.
Hipoges – A multi-country asset management company specializing in comprehensive portfolio services, active in Portugal, Spain, Greece, and Italy.
In Portugal, its subsidiaries include:
- HG PT, S.A. – REO and NPL management
- Números Invejáveis – Mediação Imobiliária, Lda. – Brokerage
- Domus RS HG Portugal – Mediação Imobiliária Unipessoal Lda. – Brokerage
- Hemisphere Roads Unipessoal, Lda. – Valuation
The Competition Authority has opened a 10-working-day period for interested parties to submit comments on the concentration, citing reference Ccent 11/2026 – Finsolutia / Hipoges. Comments should include the sender’s contact details and, if relevant, a non-confidential version with reasons for confidentiality, and be sent by email to adc@concorrencia.pt.
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