Cinven to Acquire Majority Stake in Universidad Alfonso X el Sabio Group

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.

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.

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.

Cinven Acquires Majority Stake in Restaurant Brands Iberia

July 28, 2021

Restaurants & Hospitality

International private equity firm Cinven has agreed to acquire a majority stake in Restaurant Brands Iberia (RB Iberia) in a transaction valued at more than €1 billion. RB Iberia — the master franchisee for Burger King in Spain and Portugal and for Popeyes and Tim Hortons in Spain — will retain its founders and Burger King Europe as minority shareholders and will continue to be led by the incumbent management team as Cinven backs growth and further restaurant expansion across Iberia.

Cinven Makes Strategic Investment in Alter Domus

March 4, 2024

Financial Services

International private equity firm Cinven has agreed to make a significant majority/strategic investment in Alter Domus, valuing the company at an enterprise value of €4.9 billion. Permira and the company's founders will sell approximately half of their shares to Cinven but will remain significant shareholders as Cinven supports further international growth, tech investment and buy-and-build expansion; the transaction is subject to customary regulatory approvals.