Announced

Completed

Connells Group completed the acquisition of Countrywide from Apollo Global for £223m.

Synopsis

Connells Group, a privately owned real estate firm, completed the acquisition of Countrywide, a UK-based real estate agent, from Apollo Global for £223m ($309m). “Countrywide shareholders have repeatedly been promised jam tomorrow and it has never been delivered. There is no quick and easy fix for Countrywide. Turning the business around, especially in unpredictable market conditions, will be a difficult, expensive and lengthy process," David Livesey, Connells Group Chief Executive.

Principals

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US