Uría and Clifford Chance advise on €350m Tinsa deal
Uría Menéndez advised private equity fund Advent International on the sale of Spanish company Tinsa – a provider of property valuation, analysis and real estate advisory services – to Cinven Partners.
Cinven Partners, a private equity firm, was advised by Clifford Chance on the deal.
The transaction was valued at €350 million, according to Mergermarket data.
Tinsa, established in 1985 and headquartered in Madrid, Spain, provides appraisals for new and existing mortgages for commercial properties and homes.
The group is the largest real estate appraisal firm in Spain and Latin America. It operates in over 25 countries worldwide.