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Announced

Arrow Capital to acquire Vilamoura from Lone Star.

Synopsis

Arrow Capital, a private equity firm, agreed to acquire Vilamoura, a real estate firm, from Lone Star, a private equity firm. Financial terms were not disclosed. “This group of investors intends to be the guardian of this asset, giving it direction and taking care of it for the next generations. We have a medium to long term vision for the region which is developing a sustainable and quality product so that it can be seen as the best destination in the Algarve to live, invest and spend holidays, both for nationals and foreigners," João Brion Sanches, Vilamoura CEO.

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