M/24/040 – TPG Real Estate Partners/Certain Assets of Quintain Developments Ireland
Transaction details
The proposed acquisition by TPG Real Estate Partners IV L.P., through a special purpose vehicle TPG LUX 2021 SC XX, S.à r.l., of sole control of LSREF4 Clear Investments Holdings S.à r.l. has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday July 2, 2024 | Tuesday, July 23, 2024 |
| Parties Involved | Business activities |
|---|---|
| TPG LUX 2021 SC XX, S.à r.l. | TPG LUX 2021 SC XX, S.à r.l. is a limited liability company incorporated in Luxembourg, which has been established for the purpose of the proposed transaction. It is indirectly wholly owned by TREP IV, a global real estate fund of TPG Real Estate Partners (“TREP”). TREP is the dedicated equity real estate platform of TPG Inc. |
| TPG Inc. | TPG Inc. is a global alternative asset management firm that oversees investment funds in various sectors such as growth capital, venture capital, public equity, and debt investments. The firm invests across diverse industries including consumer and retail, media and telecommunications, industrials, technology, travel, leisure, and healthcare and currently has over $200 billion of assets under management. |
| LSREF4 Clear Investments Holdings S.à r.l. | LSREF4 Clear Investments Holdings S.à r.l. consists of part of the business and assets of Quintain Developments Ireland Limited, which is active in the construction and sale of housing and ancillary commercial property at developments in the Greater Dublin Area. |
| Economic sector | Media merger |
|---|---|
| Real Estate | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, July 18, 2024 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Jack Kelly | jackkelly@ccpc.ie |
Media enquiries: communications@ccpc.ie
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