Announced
Completed
Financials
Sources
Tags
Acquisition
Majority
Cross Border
Real Estate Services
Private Equity
Private
property brokerage
Friendly
Single Bidder
Germany
Completed
Synopsis
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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