Radar > 245506

PortAventura on the block

PortAventura podría estar en venta

Intel ID : 245506
Synopsis

PortAventura, a Spain-based theme park worth EUR 1bn, could be on the block, reported El Economista on 23 February 2017.

The park's current owners are US-based private equity firm KKR, with a 49.9% stake, and Luxembourg-based Investindustrial, with the rest of the equity. Though both firms declared there is no open sale process, different sources assert they are looking for potential buyers.

Since the entry of both funds, PortAventura sales have increased by 38.2%, with a turnover of EUR 193.9m in 2015. Currently, the leisure complex is comprised of a theme park, 51 stores, 47 restaurants, a water sports park, a golf course, five themed hotels, and a convention center.
(content in spanish)

El parque de ocio PortAventura, valorado en EUR 1.000m, podría estar en venta, según ha informado El Economista el 23 de febrero de 2017.

Sus actuales propietarios son la firma de private equity estadounidense, KKR, con un 49,9% del accionariado, y la luxemburguesa Investindustrial, con el resto del capital. Pese a que ambas firmas aseguran que no existe un proceso abierto de venta, diferentes fuentes afirman que estarían buscando posibles compradores.

Desde la entrada de ambos fondos las ventas de PortAventura han aumentado un 38,2%, con una facturación de EUR 193,9m en 2015. Actualmente el complejo de ocio cuenta con el parque temático, 51 tiendas, 47 puntos de restauración, un parque acuático, un campo de golf, cinco hoteles temáticos y un centro de convenciones.

Target

Seller

KKR
United States

Advisors

prospect

Intel ID 245506
Value ND
Native Currency Euro (EUR)
Financial Data - Port Aventura
(31 Dec 2014)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Sports and Leisure (Primary)
Primary Sector (TTRSC)
15.10.08 Sports, Recreation & Entertainment
15 Consumer Products & Services / 15.10 Travel, Hospitality & Leisure

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

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

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.