Announced
Completed
Financials
Tags
Germany
Acquisition
Cross Border
Completed
real estate agent
Friendly
Real Estate Services
Private Equity
Majority
Private
Single Bidder
Synopsis
Warburg Pincus, an American private equity firm, completed the $50m investment in McMakler, German real estate agents and brokerage company. “The traditional real estate sale process is inefficient, often opaque and does not harness the full potential of available data and technology. McMakler, optimises cutting-edge technology and data, to provide a highly professional and efficient service for customers. Felix and his team have the potential to redefine the real estate market and the Warburg Pincus funds are proud to support McMakler on this journey. This partnership underlines Warburg Pincus’ strong commitment to the German market and its ability to support young, innovative companies with growth capital and global expertise," René Obermann, Warburg Pincus Deutschland Europe Co-Head .
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