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New Deal


Announced

Completed

Portobello Capital-backed Serveo completed the acquisition of Sacyr Facilities from Sacyr for €102m.

Financials

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Transaction Value£87m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Spain

real estate services

Real Estate Services

Friendly

real estate maintainance

Acquisition

Majority

Private

Domestic

Completed

Single Bidder

Synopsis

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Portobello Capital-backed Serveo, a facilities services firm, completed the acquisition of Sacyr Facilities, a real estate facilities services provider, from Sacyr, a real estate services firm, for €102m. With this recent acquisition, Serveo advances in its growth strategy in facility management and consolidates itself as one of the main operators in the sector with a presence in Spain, Portugal and with this operation, in Chile. In this sense, the incorporation of Sacyr Facilities will increase the capacities to continue growing with value-added services, process engineering and operational excellence.

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