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New Deal


Announced

Completed

Permira completed the investment in Engel & Völkers for $810m.

Financials

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Transaction Value£593m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Cross Border

Real Estate Services

Private Equity

Private

property brokerage

Friendly

Single Bidder

Germany

Completed

Synopsis

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Permira, the global private equity firm, completed the investment in Engel & Völkers, an international property brokerage platform for $810m. "Christian, Sven and their team have built one of the most renowned brands and platforms in property brokerage with some of the world’s best property agents having chosen to work with Engel & Völkers. We are excited to support Engel & Völkers together with Christian and the management team in this digital transformation journey and further accelerate growth through leveraging our proven expertise in digitising successful businesses. The company has the opportunity to broaden its ecosystem significantly in a more direct and digital world," Jörg Rockenhäuser, Permira Managing Partner.

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