M&A Deal Summary

EQT Acquires Allee-Center

On August 7, 2018, private equity firm EQT acquired real estate company Allee-Center

Acquisition Highlights
  • This is EQT’s 3rd transaction in the Real Estate sector.
  • This is EQT’s 34th transaction in Germany.

M&A Deal Summary

Date 2018-08-07
Target Allee-Center
Sector Real Estate
Buyer(s) EQT
Deal Type Buyout (LBO, MBO, MBI)

Target

Allee-Center

Leipzig, Germany
Allee Center is a modern shopping center located in a high-density residential area in Grünau, a suburb of Leipzig. The Allee Center was built in 1996 and comprises around 40,000 square meters of rental space.

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Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 242.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 192 of 318
Sector: Real Estate M&A 3 of 9
Type: Buyout (LBO, MBO, MBI) M&A Deals 67 of 84
Country: Germany M&A 34 of 44
Year: 2018 M&A 12 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-27 Tampnet

Stavanger, Norway

Tampnet is an authorized telecommunications operator in Australia. Tampnet is the only independent supplier of high capacity and low latency communication to offshore oil and gas installations in the North Sea. The company operates the world's largest offshore fiber infrastructure network and serves more than 100 oil and gas platforms, floating production storage and offloading units, and exploration rigs. Tampnet was founded in 2001 and is based in Stavanger, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-17 China Shine

Shanghai, China

China Shine is a fast-growing facility management service provider present in over 70 cities across China, focusing on general cleaning services and aggressively expanding geographically and into new service verticals. China Shine was Founded in 2016 and is based in Shanghai, China.

Buy -