.
MergerLinks Header Logo

Announced

Completed

Sun Life completed the acquisition of an 80% stake in InfraRed Capital Partners for $390m.

Financials

Edit Data
Transaction Value£300m
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA17x
Share Price Premium-
One Off Charge-

Tags

Edit

Infrastructure Funds

Acquisition

Friendly

United Kingdom

infrastructure fund

Private

acquisition investments

Private Equity

Majority

Single Bidder

Completed

Cross Border

Synopsis

Edit

Sun Life Financial, an international financial services organization, completed the acquisition of an 80% stake in InfraRed Capital Partners, a global infrastructure and real estate investment manager, for $390m. "I am delighted to announce this transaction with Sun Life and SLC Management which enables us to drive the growth of our business in the Americas, in particular the renewable energy market SLC Management and InfraRed have complementary capabilities, a similar culture of prudence and long-termism, and proven track records of delivery," Werner von Guionneau, InfraRed Capital Partners Chief Executive Officer.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US