Announced
Completed
Financials
Tags
Completed
Acquisition
Single Bidder
Private
Friendly
Switzerland
Real Estate Services
Domestic
digital real estate platform
Private Equity
Majority
Synopsis
La Mobilière, a private insurance company, completed the acquisition of Flatfox, an operator of a digital real estate marketplace, from Ringier Digital Ventures, a venture capital firm. Financial terms were not disclosed. "With la Mobilière as our core partner and working together with aroov, we can combine our talents to expand our market and develop new products as we seek to exploit the full potential of the digital tenancy market," Bernhard Mäder, Flatfox CEO.
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