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New Deal


Announced

Completed

TPG completed the acquisition of a 75% stake in Brampton Business Park and Vaughan Business Park from Oxford Properties for $750m.

Financials

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Transaction Value£592m
Consideration TypeCash
Capital Owned-
Capital Bid For75%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private Equity

Completed

Friendly

Single Bidder

Cross Border

Majority

Private

Canada

Real Estate Services

Real Estate

warehouse

Synopsis

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TPG, a private equity firm, completed the acquisition of a 75% stake in two Class-A industrial business parks in the Greater Toronto Area: Brampton Business Park and Vaughan Business Park, from Oxford Properties, a Canadian multinational corporation, for $750m. “This joint venture provides a unique opportunity to enter the market at scale through the acquisition of some of the highest-quality industrial assets in all of Toronto,” Jacob Muller, TPG Partner.

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