EQT IX Acquires idealista from Apax Partners for €1.3 Billion

Cinven Acquires Majority Stake in idealista

June 28, 2024

Real Estate

Cinven has agreed to acquire a 70% majority stake in idealista, the leading online real estate classifieds platform in southern Europe, in a transaction valuing the business at €2.9 billion. Funds advised by Oakley and Apax are selling their holdings, EQT will retain an 18% stake, and founder Jesús Encinar will remain invested and continue to lead the company; CVC Credit provided debt facilities to support the acquisition.

Oakley Capital IV Invests €175M Minority Stake in idealista

January 26, 2021

Real Estate

Oakley Capital IV has agreed to make a €175 million minority investment in idealista, the leading online real estate classifieds platform in Southern Europe. The investment is alongside idealista's management team and existing majority shareholder EQT, who will remain majority owners; proceeds will support continued growth and market consolidation across Spain, Italy and Portugal.

EQT IX Acquires Casa.it from Oakley Capital

September 17, 2020

Real Estate

EQT IX (advised by EQT Partners) has agreed to acquire Casa.it, one of Italy's leading online real estate classifieds platforms, from funds advised by Oakley Capital. EQT will support Casa.it's continued growth by investing in its online platform and expanding value-add services while Casa's management team will remain in place.

EQT to Acquire Majority Stake in Universidad Europea from Permira

April 8, 2024

Education

EQT Infrastructure VI has agreed to acquire a majority position in Universidad Europea from Permira, which will retain a significant minority stake. EQT plans to invest in the university's campuses and digital capabilities to expand its online and hybrid learning proposition and support geographic expansion; the company operates 12 campuses across Spain and Portugal with 3,400 employees and 54,000 students.

EQT AB Acquires Exeter Property Group to Create EQT Exeter

January 26, 2021

Real Estate

EQT AB completed the $1.87 billion combination with Exeter Property Group, acquiring Exeter's management company and carried interest stakes and combining the businesses under the EQT Exeter brand. Consideration comprised approximately $800 million in newly issued EQT AB shares and $1,070 million in cash (including refinancing of existing Exeter debt); Exeter management received a mix of shares and cash and will join EQT leadership. The deal expands EQT's real estate capabilities and geographic footprint across North America and Europe.

P10 Acquires Qualitas Funds

April 7, 2025

Financial Services

P10, Inc. (NYSE: PX) has acquired Madrid-based Qualitas Equity Funds SGEIC, S.A. for an initial purchase price of $63 million with up to $35 million of potential earnout consideration. The deal gives P10 a European presence and adds approximately $1 billion in fee-paying assets under management while Qualitas founders Eric Halverson and Sergio Garcia will continue to manage day-to-day operations.