Radar > 241011

Platinum Equity retains Rothschild for Terratest sale

Platinum Equity contrata a Rothschild para la venta de Terratest

Intel ID : 241011
Synopsis

Platinum Equity, a US-based private equity firm, may have retained Rothschild, a France-based financial advisory firm, to advise on the sale of Terratest, a Spain-based construction company, reported Expansion on 27 September 2016, citing sources familiar wit the matter.

According financial sources, Terratest could be worth approximately EUR 150 m.

Platinum Equity aquired a controlling stake in Terratest in 2014, when the company filed for bankruptcy (see transaction related).
(content in spanish)

Platinum Equity, firma de private equity estadounidense, habría contratado a Rothschild, firma francesa de asesoramiento financiero, para asesorar la venta de Terratest, empresa española de construcción, según ha informado Expansión el 27 de septiembre de 2016, citando a fuentes cercanas al asunto.

Según fuentes financieras, Terratest podría estar valorada en unos EUR 150m.

Platinum Equity ha adquirido una participación de control en Terratest en 2014, cuando la compañía estaba en concurso de acreedores (ver transacción relacionada).

Target

Seller

Platinum Equity
United States

Advisors

prospect

Intel ID 241011
Value ND
Native Currency Euro (EUR)
Financial Data - Grupo Terratest
(31 Dec 2022)
Revenue: EUR 212,33m
EBITDA: EUR 18,90m
Net Debt: EUR 151,23m
People: 1082
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Services and Distribution / Consultancy, Audit and Engineering
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Seller

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

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

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.