J · H · J
James Howe~~James Campisi~~Andrew Cho
January 24, 2026
Funds Advised by Apax Partners to Sell Interest in idealista

1 min
AI-made summary
- Simpson Thacher is advising funds managed by Apax Partners on the sale of their interest in idealista, a leading online real estate platform in Spain, Italy, and Portugal, to Cinven
- The transaction is valued at €2.9 billion and is subject to regulatory approvals
- Apax acquired idealista in 2015 and sold a majority stake to the EQT IX fund in 2020
- The legal team includes James Howe, James Campisi, and Andrew Cho.
Simpson Thacher is representing funds advised by Apax Partners (“Apax”) in connection with their agreement to sell their interest in idealista, the leading online real estate platform in Spain, Italy and Portugal, to Cinven. The overall transaction value is €2.9 billion. The transaction remains subject to regulatory approvals.~~Apax originally acquired Idealista in 2015 and subsequently sold a majority stake to the EQT IX fund in 2020.
The Simpson Thacher team includes James Howe, James Campisi and Andrew Cho (M&A).
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James Howe~~James Campisi~~Andrew Cho
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