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Announced

Centuria Capital terminates the $118m acquisition of Augusta Capital.

Financials

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Transaction Value£90m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Australia

Single Bidder

Public

property investment

Infrastructure Funds

property funds management

Friendly

Majority

Private Equity

Failed

investment management

Acquisition

Synopsis

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Centuria Capital, a specialist investment manager terminated the acquisition of Augusta Capital, a property management platform for $118m. Centuria Capital decided to withdraw from the acquisition amid volatile market conditions due to the uncertainty and economic disruption caused by the coronavirus pandemic.

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