DTZ $2 billion acquisition of Cushman Wakefield

2/9/2015

Private acquisition

Value:

$ 2 billion

Status:

Completed

Date:

2/9/2015

Overview:

Real estate firm DTZ has completed its $2 billion acquisition of Cushman Wakefield.
DTZ is backed by private equity firm TPG Capital, and bought Italian holding company Exor's 75% Cushman share in the deal.
The transaction was first announced in May, 2015.

Kurt Stumpo - Journalist

Jurisdictions:

United States
Hong Kong SAR
Italy

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Real estate

Firms:

Cleary Gottlieb Steen & Hamilton

Party: TPG Capital (Acquirer)

Party: PAG Asia Capital (Acquirer)

Party: Ontario Teachers' Pension Plan (Acquirer)

Lawyers: Duane McLaughlin, Michael Preston, Paul Shim

Milbank

Party: Cushman Wakefield (Target)

Paul Weiss Rifkind Wharton & Garrison

Party: Exor (Seller)

Lawyers: Brian Janson, Eric Goodison, Thomas de la Bastide III

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