Paul Hastings (Europe) LLP advised Oakley Capital, a leading pan-European private equity investor, on the disposal of its stake in idealista, the leading real estate platform is Southern Europe, to international private equity firm Cinven. EQT, the majority shareholder in idealista, and Apax will also dispose of their shareholdings.

Cinven will acquire 70% of the business while EQT, which acquired idealista in 2020 at a EUR 1.3 billion valuation, will retain an 18 percent stake. 

The Paul Hastings team included partners Anu Balasubramanian and Jamie Holdoway.

More details on the transaction can be found here.

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