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Announced

Completed

Vauban Infrastructure Partners completed the acquisition of SPER and Planestrada for $117m.

Financials

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Transaction Value£86m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

Majority

Railroads

Private Equity

Portugal

road services

Completed

Acquisition

Friendly

Single Bidder

road networks

Synopsis

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Vauban Infrastructure Partners, an asset management company, completed the acquisition of two companies managing concession contract for operating IP-2 shadow toll highway SPER and Planestrada for $117m. “Vauban expands its footprint in the Iberian region by acquiring a controlling stake in this highway. We have once again succeeded in integrating to our portfolio an infrastructure providing essential services. This deal shows another example of our perseverance and ability to find and invest high quality core assets on the market," Vincent Cassagne, Vauban Investment Director and Partner.

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