EQT to Sell Majority Stake in Real Estate Platform Idealista in EUR 2.9 Billion Transaction
EQT to Sell Majority Stake in Real Estate Platform Idealista in EUR 2.9 Billion Transaction
- EQT, which acquired idealista in 2020 at a EUR 1.3 billion valuation, will retain an 18 percent stake
- Cinven will acquire 70 percent of idealista; funds advised by Apax and Oakley will sell their shareholdings
- Jesus Encinar, founder and Chairman of idealista, will also retain his stake and continue to lead the Company alongside the management team
- EQT在2020年以13億歐元的估值收購了idealista，將保留18％的股份。
- Cinven將收購idealista的70％; Apax和Oakley建議的基金將出售他們的股份。
- idealista的創始人和主席Jesus Encinar將繼續持有股份，並與管理團隊一起領導公司。
STOCKHOLM, June 28, 2024 /PRNewswire/ -- EQT is pleased to share that the EQT IX fund ("EQT") has sold its majority stake in idealista (the "Company"). The transaction values idealista, which is the leading real estate platform in Spain, Italy, and Portugal, at EUR 2.9 billion. Cinven has signed an agreement to acquire a 70% stake in the Company. EQT originally acquired idealista in 2020 in a deal that valued the firm at EUR 1.3 billion and will retain an 18 percent share in the Company following the transaction.
2024年6月28日，瑞典斯德哥爾摩/新聞通訊社/--EQT很高興宣佈，EQT IX基金（“EQT”）已出售其在idealista（“公司”）的控制權。交易將idealista估值爲29億歐元，該公司是西班牙、意大利和葡萄牙領先的房地產平台。 Cinven已簽署協議收購公司的70％股份。 EQT最初於2020年以13億歐元的價格收購了idealista，在本次交易後將保留18％的股份。
Bert Janssens, Partner and Head of the Private Equity Europe advisory team, said: "Over the past four years idealista has entrenched its leading position in the Spanish and Portuguese market and strengthened its presence in Italy, all while implementing new digital and sustainability initiatives that create a foundation for further growth. We believe strongly in idealista's future potential and are excited to remain invested."
私人股權歐洲諮詢團隊合夥人和首席Bert Janssens說：“在過去的四年中，idealista在西班牙和葡萄牙市場鞏固了其領先地位，並加強了在意大利的存在，同時實施了新的數字和可持續性倡議，爲進一步的增長打下基礎。我們堅信idealista的未來潛力，並很高興繼續投資。”
Jesus Encinar, founder and Chairman of idealista, will continue to lead the Company alongside the existing team, added: "This is excellent news for idealista and our team. We're pleased that EQT will remain a minority shareholder and look forward to continuing our successful partnership for the coming years."
idealista的創始人和主席Jesus Encinar補充道：“這對idealista和我們的團隊來說是好消息。我們很高興EQT將繼續是少數股東，並期待在未來幾年繼續成功的合作。”
The transaction is subject to customary conditions and approval.
該交易須符合慣例條件和得到批准。
Contact
EQT Press Office, [email protected]
聯繫人
EQT新聞辦公室，[email protected]
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