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New Deal


Announced

Completed

Equiem completed the acquisition of Vicinitee from British Land.

Financials

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

Tags

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Completed

Single Bidder

Friendly

Cross Border

Majority

United Kingdom

Private

digital property management

Digital Services

Acquisition

Synopsis

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Equiem, a tenant experience platform, completed the acquisition of Vicinitee, a digital property management platform, from British Land. Financial terms were not disclosed. “This partnership with British Land allows us to expand and refine our offering across a world-class portfolio alongside forward-thinking real estate leaders. British Land is committed to partnering with their occupiers to provide a differentiated workplace experience for employees, and we’re excited to shape our technology around this ethos and commitment," Gabrielle McMillan, Equiem CEO.

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