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Announced

Promecap Acquisition to acquire Acosta Verde from Equity International and Acosta Verde Family for £232m.

Financials

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Transaction Value£232m
Consideration TypeCash
Capital Owned-
Capital Bid For38%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Disposal

Mexico

rental and leasing

Real Estate Services

Cross Border

Public

Acquisition

Private Equity

Pending

Single Bidder

Synopsis

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Promecap Acquisition Company, a special purpose acquisition company established in Mexico with the purpose of consummating a merger, asset acquisition, share purchase, agreed to acquire 38% stake in Acosta Verde for £232m from Equity International and Acosta Verde Family.

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