EQT mandates JPMorgan to sell Parques Reunidos for over €1.7B

Swedish PE firm EQT has hired JPMorgan to run a sale process for Spanish theme-park operator Parques Reunidos, targeting a valuation above €1.7 billion. The deal would mark a major exit for EQT and its co-investors, Corporación Financiera Alba (25%) and GBL (23%). The outcome is uncertain, with no buyer identified yet.