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13亿欧元的估值收购了idealista，将保留18％的股份。
- Cinven将收购idealista的70％; Apax和Oakley建议的基金将出售他们的股份。
- idealista的创始人和主席Jesus Encinar将继续持有股份，并与管理团队一起领导公司。
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，瑞典斯德哥尔摩/新闻通讯社/--EQT很高兴宣布，EQT IX基金（“EQT”）已出售其在idealista（“公司”）的控制权。交易将idealista估值为29亿欧元，该公司是西班牙、意大利和葡萄牙领先的房地产平台。 Cinven已签署协议收购公司的70％股份。 EQT最初于2020年以13亿欧元的价格收购了idealista，在本次交易后将保留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."
私人股权欧洲咨询团队合伙人和首席Bert Janssens说：“在过去的四年中，idealista在西班牙和葡萄牙市场巩固了其领先地位，并加强了在意大利的存在，同时实施了新的数字和可持续性倡议，为进一步的增长打下基础。我们坚信idealista的未来潜力，并很高兴继续投资。”
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的创始人和主席Jesus Encinar补充道：“这对idealista和我们的团队来说是好消息。我们很高兴EQT将继续是少数股东，并期待在未来几年继续成功的合作。”
The transaction is subject to customary conditions and approval.
该交易须符合惯例条件和得到批准。
Contact
EQT Press Office, [email protected]
联系人
EQT新闻办公室，[email protected]
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