Radar > 242932

Investindustrial to acquire majority stake in Servihabitat

Investindustrial podría adquirir una participación mayoritaria de Servihabitat

Intel ID : 242932
Synopsis

Investindustrial, a Luxembourg-based private equity firm, could acquire 51% of CaixaBank's (BME:CABK) real estate company, Servihabitat, currently controlled by Texas-based fund TPG, reported Vozpopuli on 29 November 2016, citing financial sources.

According to the report, CaixaBank may be looking for a partner to share its plan for Servihabitat. Even though the investment in this sector does not seem to fit with Investindustrial's traditional investments, the real estate company could generate cash and grow through business operations.
(content in spanish)

Investindustrial, firma luxemburguesa de private equity, podría adquirir el 51% de la inmobiliaria de CaixaBank (BME: CABK), Servihabitat, actualmente en manos del fondo texano TPG, según ha informado Vozpópuli el 29 de noviembre de 2016, citando a fuentes financieras.

Según lo publicado, CaixaBank estaría buscando un socio que comparta su plan para Servihabitat. Pese a que la inversión en este sector no parece encajar con las apuestas tradicionales de Investindustrial, la inmobiliaria puede generar caja y crecer a través de operaciones corporativas.

Seller


Intel ID 242932
Value ND
Native Currency Euro (EUR)
Financial Data - Servihabitat
(31 Dec 2023)
Revenue: EUR 170,66m
EBITDA: EUR 14,79m
People: 586
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.