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Announced

Completed

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

Synopsis

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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