Mata Capital and Momento Capital completed the acquisition of a majority stake in Roof for €20m.

Mata Capital, a French real estate investment management firm, and and Momento Capital, a specialist investment and asset-manager focused on living and hospitality, completed the acquisition of a majority stake in Roof, an operator of new-generation student residences for €20m. “This partnership marks a key step in our student housing strategy. With Momento Capital as operating partner, we gain a trusted team with extensive sector expertise and a strong execution track record. The combination of Momento’s know-how in student housing investment and asset management, Mata’s structuring and capital deployment capabilities, and Roof’s proven operational model enables the creation of a high-performing, scalable platform that meets the expectations of institutional investors and the growing needs of students,” Thomas de Ridder, Mata Capital Managing Director.