CVC DIF, the infrastructure strategy of global private markets manager CVC, has completed two portfolio company exits and signed another, with completion targeted for the next quarter.
CVC DIF exited Boluda Maritime Terminals and Mallorca Fire Station, as well as signed a sale-and-purchase agreement to exit TTI Algeciras. Boluda Maritime Terminals owns eight operational terminals in mainland Spain and the Canary Islands; Mallorca Fire Station is an availability-based public-private partnership project on the island of Mallorca, Spain; and TTIA is a port terminal located at the Strait of Gibraltar in Algeciras, Spain. CVC DIF said each of the three businesses have developed well during the firm’s ownership period.
These deals are expected to return significant capital to investors despite ongoing headwinds in the broader M&A landscape.
CVC DIF’s specialized divestment team operates as an integrated function within the investment lifecycle. As part of the
