Deals
Ibiza Club Owner Pacha Said to Draw Interest From Trilantic
- Buyout firm Trilantic Europe is doing due diligence on Pacha
- Dance club may be valued at a few hundred million euros
Pacha in Ibiza.
Photographer: Chris Jackson/Getty ImagesThis article is for subscribers only.
Private equity fund Trilantic Europe is considering an offer for Spanish dance-club operator Pacha Group, according to people familiar with the matter.
A sale of closely held Pacha, which runs clubs on the Spanish island of Ibiza, as well as Germany, Poland, Australia, China and Brazil, could fetch a few hundred million euros, the people said, asking not to be identified because the deliberations are private. Trilantic Europe is working with advisers as it carries out due diligence, the people said.