PE-firm invests in Peach Property
September 22, 2020
Real estate company Peach Property is planning a capital increase of around CHF 200m to finance growth. The US PE-firm Ares Management is taking over a large part of the company, paying CHF 150m, making it an anchor shareholder of the real estate company. After conversion, the investor will hold a stake of approximately 30pct. in the Swiss company, making it the largest single shareholder. In 2019, Peach Property had revenue of CHF 46.6m.
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