Cinven Acquires Majority Stake in Restaurant Brands Iberia

Cinven Invests in Barentz

November 26, 2019

Food & Beverage

Cinven, the international private equity firm, has agreed to become a shareholder in Barentz, a Netherlands‑headquartered global specialty ingredients distributor, for an undisclosed consideration. Cinven said it will support Barentz’s management to accelerate organic growth and pursue a buy‑and‑build strategy to expand geographically and strengthen the Group’s infrastructure and R&D capabilities.

Restaurant Brands International Acquires Remaining Stakes in Burger King China

February 18, 2025

Restaurants & Hospitality

A subsidiary of Restaurant Brands International (RBI) acquired the equity interests in Burger King China from TFI Asia Holdings BV and Pangaea Two Acquisition Holdings XXIII, Ltd (Cartesian) for approximately $158 million in cash, bringing RBI's ownership to nearly 100%. RBI said it will engage advisors to identify a new local operating partner to inject capital and become the controlling shareholder as part of a strategy to support long-term growth in China.

Restaurant Brands International Acquires Carrols Restaurant Group

May 16, 2024

Restaurants & Hospitality

Restaurant Brands International (RBI) completed an all-cash acquisition of Carrols Restaurant Group on May 16 for approximately $1.0 billion (at $9.55 per share). RBI said it will invest an additional $500 million to reimage more than 600 restaurants and plans to refranchise most of the acquired units over the next seven years; Carrols operated 1,023 Burger King restaurants across 23 states and 59 Popeyes restaurants in six states.

Cinven Acquires Majority Stake in Ufinet International

December 21, 2021

Telecommunications

International private equity firm Cinven's Seventh Fund will make a majority investment in Ufinet International for an enterprise value of approximately €2.5 billion. Enel, the incumbent minority co-shareholder, will re-invest a minority stake; the deal supports Ufinet's continued international expansion, network investment and buy-and-build growth across Latin America.

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.

Cinven, KKR and Providence Complete Acquisition of MASMOVIL

November 17, 2020

Telecommunications

A consortium led by funds managed or advised by Cinven, KKR and Providence Equity (through Lorca Telecom Bidco SAU) has completed the acquisition of MASMOVIL IBERCOM, S.A., acquiring approximately 99.3% of the group's outstanding shares at a valuation of about €5.3 billion. The consortium said the deal will enable MASMOVIL to accelerate its investment strategy and pursue growth and projects to strengthen its position in the Spanish telecommunications market.