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Announced

Completed

Starwood Capital completed a €50m investment in DoveVivo.

Financials

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Transaction Value£42m
Consideration TypeCash
Capital Owned-
Capital Bid For22%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Completed

Minority

Private

Acquisition

Friendly

Single Bidder

Private Equity

rental homes

co-living

Real Estate Services

Italy

Synopsis

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Starwood Capital, an investment firm, completed a €50m ($56m) investment in DoveVivo, a co-living company in Europe. “The transaction announced today is a key moment for the evolution of the company’s business plan. We will expand our offer to an increasingly wider public, develop our community and advanced services to landlords, investors and customers starting from 2022. We’re extremely proud of the fact that Starwood, a leading investor in real estate globally, decided to invest in DoveVivo, especially at a time when the quality of services and ability to innovate are essential to be more and more competitive nationally and internationally. We foresee great synergetic potential with such a strategic partner who is joining a group of top tier shareholders like Tikehau Capital and Tamburi Investment Partners," Valerio Fonseca, DoveVivo Founder & CEO.

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