Cuatrecasas instructed on €290m Pacha Group sale

Cuatrecasas advised the Urgell family, owners of entertainment and hospitality business Pacha Group, on the company’s sale to Trilantic Capital Partners for €290 million.

The Urgell family managed the Pacha Group through the holding company El Firmamento Estelar.

The transaction – which took the form if an asset-and-share sale agreement – includes the operation of the Pacha Ibiza disco, Destino Pacha Ibiza Resort and Lío Ibiza cabaret restaurant. Trilantic made  the acquisition via project company Sena Directorship.

The Urgell family will continue to have a minority shareholding in the Pacha Group.

The Cuatrecasas team advising the Urgell family included partners Raimundo Segura and Pedro San José, and associates Roger Freixes, Daniel Coloma and Maximilian Thierfelder.