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New Deal


Announced

SoftBank-backed Fortress Investment Group to acquire Accordia Golf for $3.5bn.

Financials

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Transaction Value£2,605m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Private Equity

Cross Border

Acquisition

Pending

Private

Single Bidder

Majority

Friendly

Singapore

golf courses

Recreational Services

Synopsis

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SoftBank-backed Fortress Investment Group, an investment management firm, agreed to acquire Accordia Golf, a Japanese golf course operator, for $3.5bn. The SoftBank-affiliated investment fund owns hotels in Japan and intends to raise its corporate value by funneling some of those customers to the country’s biggest golf course chain.

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