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New Deal


Announced

Completed

Swiss Prime Site completed the acquisition of Akara Group.

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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Switzerland

Majority

real estate management

Acquisition

Single Bidder

Friendly

Private

Domestic

Real Estate Holding and Development

Completed

Synopsis

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Swiss Prime Site, a listed real estate company in Olten, Switzerland, completed the acquisition of Akara Group, a real estate asset manager. Financial terms were not disclosed. "Being part of the Swiss Prime Site Group will enable us to pool our fund expertise and significantly expand our market position," Karl Theiler, Akara CEO.

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