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New Deal


Announced

Completed

Partners Group-backed Emeria completed the acquisition of Chestertons from Mercantile Group for £100m.

Financials

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Transaction Value£100m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Real Estate Holding and Development

Cross Border

Friendly

United Kingdom

real estate

Private Equity

estate agents

Acquisition

Majority

Completed

real estate agents

Private

Single Bidder

Real Estate

Synopsis

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Partners Group-backed Emeria, a provider of real estate services and technologies company, completed the acquisition of Chestertons, a British estate agency chain, from Mercantile Group, a UK-based, privately funded investment company, for £100m ($121m). While Emeria is acquiring Chestertons’ UK operations, Mercantile will remain the owner of the company’s other international operations.

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