Next Capital agrees to buy Alloggio at downgraded valuation
Australia: Mid-market private equity firm Next Capital has reportedly agreed to acquire New South Wales-based short-term rental operator Alloggio Group at a downgraded valuation of AU$48.2 million [US$32.7 million] after cutting the offer price down by 20 per cent.
Alloggio set for AU$60m acquisition by Next Capital
Australia: New South Wales-based short-term rental operator Alloggio Group is set to be acquired by private equity firm Next Capital in a transaction worth around AU$60 million.