Quinlan Private is seeking to raise EUR 400 mln from private investors to fund its EUR 1.16 bn takeover of Jurys Inns, the Irish Times reports. The Dublin private equity group agreed the deal in June. In addition to the takeover, Quinlan is seeking cash to fund a large-scale expansion of the three-star chain into Central and Eastern Europe, the paper says.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
