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Announced

Completed

Tiko completed the acquisition of Housell from Aviv Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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real estate agency

Real Estate Services

Private

Completed

Spain

Acquisition

Domestic

Majority

Friendly

Single Bidder

Synopsis

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Tiko, a technology-driven Spanish proptech company, completed the acquisition of Housell, a company in the real estate sector, from Aviv Group, a real estate tech company. Financial terms were not disclosed. “Tiko’s ambition to lead the online brokerage market in Iberia is now closer than ever, thanks to the acquisition of Housell. We are excited about the possibilities this new chapter brings and are committed to leveraging our combined strengths to revolutionize the real estate buying and selling process," Sina Afra, Tiko CEO.

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