Equistone to sell European prefabricated house provider to Goldman

Equistone Partners Europe Ltd. funds agreed to sell their majority interest in European prefabricated house provider Oikos Group, which comprises the Bien-Zenker, Hanse Haus and Living Haus brands.

Goldman Sachs Group Inc.-managed West Street Capital Partners VIII fund will buy the stake in a deal that is subject to approval from the relevant competition authorities.

Alantra, Boston Consulting Group, Ernst & Young, Latham & Watkins and ERM were advisers to Equistone.

West Street was advised by Goldman Sachs Investment Banking Division, Roland Berger, Deloitte, Ernst & Young, Freshfields Bruckhaus Deringer, Allen & Overy, Herter & Co., ERM, Aon, Arup and CBRE.