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Announced

Completed

TPG and KKR completed a $220m investment in PropertyGuru.

Financials

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Transaction Value£164m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Real Estate Services

Minority

Completed

Single Bidder

real estate

online platform

Singapore

Private

Acquisition

Private Equity

Friendly

Cross Border

Synopsis

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TPG Capital and KKR completed a $220m investment in PropertyGuru, a provider of real estate services. “This increased support from TPG and KKR to accelerate growth is a great validation of the group’s successful performance, its leadership team and their strategy to unlock the opportunities that will achieve the group’s ambitions in the region,” Olivier Lim, PropertyGuru Chairman.

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