Announced

Permira to acquire a majority stake in Westbridge.

Synopsis

Permira, an investment firm, agreed to acquire a majority stake in Westbridge, an energy and sustainability advisory firm for institutional real estate clients. Financial terms were not disclosed. “We are very much looking forward to writing the next chapter of our success story with Permira. Jointly, we will further internationalise our business and invest in our future growth. A big thanks to the team of GENUI that has supported us successfully since 2021. We are passionate in solving our clients’ energy and sustainability needs and, with the Permira funds as our new partner, we will drive the energy transition in real estate," Yama Mahasher, Westbridge CEO.

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