Investment Summary

Equistone Exits Appart’City

On December 1, 2018, invested in real estate company Appart’City from Equistone

Investment Highlights
  • This is transaction in the Real Estate sector.
  • This is transaction in France.

Investment Summary

Date 2018-12-01
Target Appart’City
Sector Real Estate
Sellers(s) Equistone
Deal Type Secondary Sale

Target

Appart’City

Nantes, France
Appart’City is a provider of residential real estate services in France. A newly created group was formed in 2014, which combined the Appart’City and Park&Suites operations. Both businesses were leading management companies of apartment hotels for tourism and business in France. Today, the business operates under the Appart’City brand and has a network of more than 120 properties, which are located in city centres and suburban areas near business parks.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Seller(S) 1

SELLER

Equistone

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1997
PE ASSETS 9.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Equistone is a private equity firm that invests in small to mid-sized companies valued from €50 to €500 million. Equistone targets companies operating in the fields of services, healthcare, financial services, and consumer/travel. The Firm looks to invest €25 to €200 million in a variety of transactions, including buyouts, growth capital financings, recapitalizations, and take privates. Equistone was formed in 1997 and is based in London, United Kingdom.


DEAL STATS #
Overall 162 of 206
Sector: Real Estate M&A 1 of 3
Type: Secondary Sale M&A Deals 10 of 11
Country: France M&A 50 of 62
Year: 2018 M&A 12 of 13
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 Courir

Sassenage, France

Courir is a French retailer of sneakers that operates a network of stores in the fast-growing sneaker market, with 250 stores across France and an e-commerce website. The group has developed an omni-channel approach, offering home delivery and in-store delivery services, and a store-to-web service. Courir was formed in 1980 and is based in Sassenage, France.

Buy €283M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-19 Otto Luft- und Klimatechnik & Co. KG

Germany

Otto Luft- und Klimatechnik GmbH & Co. KG is a provider of engineering solutions and system installations to, among others, large shopping malls, hospitals, office buildings, industrial production lines and pharmaceutical laboratories.

Sell -