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New Deal


Announced

CBRE Group to acquire Bovis Spain and Portugal.

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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Management Consulting

Pending

project management

Single Bidder

Majority

Private Equity

Acquisition

Private

Portugal

Spain

Cross Border

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Synopsis

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CBRE Group, a commercial real estate service and investment firm, agreed to acquire Bovis Spain and Portugal, a regional project management and consultancy firm serving clients across multiple sectors. Financial terms were not disclosed. "This union with CBRE is a giant step forward for Bovis and will provide new opportunities both for our clients and our employees. When the transaction is completed, we will join forces to strengthen our joint offering and deliver exceptional outcomes and solutions for our clients across key sectors," Alberto de Frutos, Bovis Managing Director.

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