Announced

Goldman Sachs AM-backled WSIP to acquire Adapteo for c.$973m.

Synopsis

Goldman Sachs AM-backed West Street Global Infrastructure Partners offered to acquire Adapteo, a flexible real estate provider in Northern Europe, from EQT and other shareholders for c.$973m. The acceptance period is expected to commence on or around 24 June 2021 and expire on or around 16 August 2021. “Adapteo’s management team and employees have established Adapteo as a key player in the Northern European market, leading the way in the provision of flexible, reusable and low-carbon footprint modular space solutions. We hope to partner with the company and build on our track-record of working with leading infrastructure businesses at the forefront of innovation and sustainability, and investing for the long term to support continued growth,” Philippe Camu, Goldman Sachs Global Co-Head and Co-CIO of the Infrastructure Investment Group.

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