Aguirre Newman, on sale

The consultants Aguirre Newman is on sale, reported today El Confidencial. Financial sources have confirmed that the digital company, Atlas Capital, has received the order to sell the majority of the capital of the consultancy company jointly presided over by Santiago Aguirre and Stephen Newman.

Aguirre Newman is a real estate consultants which operates in all matters relating to real estate investments, including valuations, viability studies, agency services, capital markets, participation in boards of compensation, leasing, property administration and architectural technical services.

The company has a business amount of around 80 million euros, with an Ebitda of approximately 12 million, for which financial sources consider that Aguirre Newman 80 and 100 million.. 

Interested parties could include venture capital funds such as Cinven and Apax Partners, which, with this acquisition could amplify their business with Tinsa, firstly, and Idealista secondly. Otherwise, it could be a good opportunity for some of the main national competitors.