Cinven €350 million acquisition of Tinsa

Overview:

• Cinven, an international private equity firm, has acquired Tinsa, the largest property valuation company in Spain and Latin America, for €350 million.
• The deal would mean greater investment in Tinsa's IT platforms as well as a vision for international expansion, including greater consolidation in Latin America, the US and Europe.
• The acquisition was conducted through a condensed auction process where Cinven competed with other bidders.
• The acquisition negotiation was run in parallel of the acquisition finance.

Wai Yee Tsang - Journalist