Neinor Homes to Acquire AEDAS Homes via €1,070m Tender Offer

Neinor Homes Takes 10% Stake in Promociones Habitat as Part of €700mn JV with Bain Capital

September 22, 2024

Real Estate

Neinor Homes has agreed to acquire a 10% stake in Promociones Habitat, S.A. (Habitat) from Merak IMS, S.L. (a Bain Capital-controlled holding) and will provide development and management services to Habitat's assets as part of a new €700 million joint venture with Bain Capital. Habitat's land bank can support c.8,000 housing units (c.4,000 launched), and the partnership is intended to accelerate Neinor's JV pipeline and scale Habitat's residential development platform across Spain.

CVC (via Aquilo House) Acquires 26.47% Stake in Aavas Financiers; Partners Group and Kedaara Exit

August 10, 2024

Financial Services

CVC Capital Partners (through Aquilo House Pte. Ltd.) has entered definitive agreements to acquire 26.47% of Aavas Financiers, triggering an open offer and a change in promoter status. The stake purchase represents the final/partial exit for Partners Group and Kedaara Capital and transfers promoter status to CVC; Aavas is a Jaipur‑headquartered affordable housing finance company with ~INR 204 billion AUM and a ~400‑branch network across India.

Apollo Funds Acquire The New Home Company

September 8, 2021

Real Estate

Funds managed by affiliates of Apollo Global Management completed a cash tender offer and merger to acquire The New Home Company. The transaction resulted in The New Home Company becoming a privately held, indirect wholly-owned subsidiary of the Apollo funds, with remaining shares converted to $9.00 per share in cash.

Cinven Acquires Majority Stake in Amara NZero from ProA Capital

April 27, 2023

Energy

Cinven has agreed to acquire a majority stake in Amara NZero, the Madrid-headquartered energy-transition distributor, from ProA Capital. Spanish press reports indicate the deal values Amara NZero at around €800 million with Cinven taking approximately 67% and ProA reinvesting alongside management.

Landsea Homes Acquires Antares Homes

January 9, 2024

Real Estate

Landsea Homes Corporation (Nasdaq: LSEA) has entered into a definitive agreement to acquire Antares Homes, a family-owned Dallas–Fort Worth homebuilder, for $232.2 million in cash (including repayment of anticipated debt). The acquisition expands Landsea's presence and scale in the Dallas/Fort Worth market and is expected to close in early February 2024, subject to customary closing conditions.

TA Associates (via Project Neptune BidCo) Completes Tender Offer to Acquire Nexus AG

January 3, 2025

Software

TA Associates, through its holding company Project Neptune BidCo GmbH, completed a tender offer to acquire approximately 94.95% of Nexus AG at €70.00 per share and expects settlement in Q1 2025 subject to regulatory clearances. TA plans to take Nexus private, delist it from the Frankfurt Stock Exchange, and support the company's growth by investing in R&D, cloud and AI capabilities and pursuing strategic acquisitions.