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EQT advised by A&O Shearman in the sale of majority stake in Idealista
Idealista is the leading real estate platform in Spain, Italy, and Portugal. EQT originally acquired Idealista in 2020 in a deal that valued the firm at EUR1.3bn and will retain an 18% share in the company following the transaction.
The team was led by Madrid partner Inigo del Val with the support of senior associate Andres Mochales and associate Cristina Palau. Financial advice was provided from Madrid partners Charles Poole-Warren and Vanessa Cuellas. Antitrust advice was provided by Madrid partner Antonio Martinez with the support of counsel Jaime Rodriguez.
The team also included Madrid public law senior associate Leopoldo Reano.
Inigo del Val, A&O Shearman partner, said: “We are very proud that EQT has once again trusted in us for such a relevant deal for them. We are delighted to have supported them in their successful journey with the company”.
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