Partners Group Taps BofA for Potential €1.5 Billion Parmaco Sale

Investing.com··FICHDK·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Partners Group Holding AG is exploring a potential sale of Finnish modular building manufacturer Parmaco Oy, according to a Bloomberg report citing people familiar with the matter. The Baar, Switzerland-based private equity firm is working alongside Bank of America Corp. to evaluate options for the business, which could carry a valuation of approximately €1.5 billion, or $1.7 billion. Deliberations remain at an early stage, and the buyout firm may ultimately elect to retain the asset; should a transaction proceed, a sale would likely materialize in 2027. Partners Group originally acquired Parmaco in 2021 from a consortium led by Terra Firma Capital Partners for an undisclosed sum, and the platform has since expanded beyond its core Nordic markets into broader European jurisdictions. Headquartered in Finland, Parmaco designs, constructs, and leases modular structures used primarily as schools, day care centers, residential units, and healthcare facilities, operating across Denmark, Finland, Sweden, and Germany with annual turnover of roughly €100 million and a workforce of around 300 employees. Shares of Partners Group Holding AG traded 1.8% higher in Europe following the news.

Impact on assets 2

Financials▲ · 2 stocks
Partners Group Holding AG
PGHN
▲ PositiveCapitalrelevance

Partners Group is exploring a €1.5bn sale of portfolio company Parmaco, a potential exit that lifted its shares 1.8%.

Bank of America Corp
BAC
± MixedCapitalrelevance

BofA is advising Partners Group on the potential €1.5bn Parmaco sale, a mandate mention with no clear financial impact.

Off-coverage companies 2

ParmacoPrivate± Mixed
Capitalrelevance

Parmaco is the asset being explored for sale by owner Partners Group at a ~€1.5bn valuation.

Terra Firma Capital PartnersPrivate± Mixed
relevance