Frank\u00adfurt \u2014 Perm\u00adira, the global private equity firm, has announ\u00adced the acqui\u00adsi\u00adtion of a majo\u00adrity stake in Engel & V\u00f6lkers. Engel & V\u00f6lkers is a leading global plat\u00adform for real estate consul\u00adtants in the high-end segment. The V\u00f6lkers family and part of the manage\u00adment retain just under 40 percent of the shares. Company foun\u00adder Chris\u00adtian V\u00f6lkers beco\u00admes Chair\u00adman of the Advi\u00adsory Board. The parties have agreed not to disc\u00adlose the finan\u00adcial terms of the transaction.<\/p>\n
Since its foun\u00adda\u00adtion in Hamburg in 1977, Engel & V\u00f6lkers has deve\u00adlo\u00adped into one of the worl\u00add\u2019s most respec\u00adted addres\u00adses in the brokerage of high-quality real estate. Today, around 11,500 inde\u00adpen\u00addent real estate consul\u00adtants operate on the Engel & V\u00f6lkers plat\u00adform in 900 loca\u00adti\u00adons in more than 30 count\u00adries. You will bene\u00adfit from first-class sales manda\u00adtes, digi\u00adtal tools, a compre\u00adhen\u00adsive range of services and one of the worl\u00add\u2019s most renow\u00adned brands in the real estate industry.<\/p>\n
The tran\u00adsac\u00adtion fits Perm\u00adira Funds\u2019 global stra\u00adtegy of inves\u00adt\u00ading in market-leading plat\u00adforms with trans\u00adfor\u00adma\u00adtio\u00adnal poten\u00adtial. Due to its unique brand, Engel & V\u00f6lkers has access to high-quality and exclu\u00adsive sales manda\u00adtes and has thus been able to estab\u00adlish a leading market posi\u00adtion. The number of real estate consul\u00adtants on the plat\u00adform has been signi\u00adfi\u00adcantly increased by a highly attrac\u00adtive and diffe\u00adren\u00adtia\u00adted range of services and holds considera\u00adble further growth poten\u00adtial. The Perm\u00adira funds will support Engel & V\u00f6lkers in further digi\u00adtiz\u00ading its busi\u00adness model and taking the next steps in its inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion. In the course of the digi\u00adtal trans\u00adfor\u00adma\u00adtion, among other things, the offe\u00adring for real estate consul\u00adtants is to be further impro\u00adved and the tech\u00adno\u00adlo\u00adgiza\u00adtion of inter\u00adnal proces\u00adses in marke\u00adting, mandate acqui\u00adsi\u00adtion and the recruit\u00adment of quali\u00adfied real estate consul\u00adtants is to be driven forward.<\/p>\n
Dr. J\u00f6rg Rocken\u00adh\u00e4u\u00adser, Mana\u00adging Part\u00adner DACH at Perm\u00adira<\/strong>, said: \u201cChris\u00adtian V\u00f6lkers, Sven Odia and the entire Engel & V\u00f6lkers team have built one of the most respec\u00adted brands and plat\u00adforms in real estate brokerage. Some of the best real estate consul\u00adtants in the world are active for the company today. We are very much looking forward to support\u00ading the family busi\u00adness in its digi\u00adtal trans\u00adfor\u00adma\u00adtion toge\u00adther with Chris\u00adtian V\u00f6lkers and the manage\u00adment. With our exper\u00adtise in digi\u00adtiz\u00ading successful compa\u00adnies, we want to help further acce\u00adle\u00adrate growth. We see great oppor\u00adtu\u00adni\u00adties to signi\u00adfi\u00adcantly expand the ecosys\u00adtem around Engel & V\u00f6lkers in today\u2019s digi\u00adtal world, opening up new areas of growth.\u201d<\/p>\n Chris\u00adtian V\u00f6lkers (photo left), foun\u00adder of Engel & V\u00f6lkers<\/strong>, said: \u201cOur great ambi\u00adtion is to constantly deve\u00adlop the company and drive inno\u00adva\u00adtion. Toge\u00adther with Perm\u00adira, we can streng\u00adthen Engel & V\u00f6lkers even more as a global indus\u00adtry pioneer and imple\u00adment my vision for the digi\u00adta\u00adliza\u00adtion of the brand. We look forward with enthu\u00adsi\u00adasm to a successful future in which we will still achieve a lot together.\u201d<\/p>\n Sven Odia (photo right), CEO of Engel & V\u00f6lkers<\/strong>, added: \u201cWe are very plea\u00adsed to have gained such a strong part\u00adner in Perm\u00adira, which has an excel\u00adlent track record in the tech sector in addi\u00adtion to many years of exper\u00adtise. By the end of the year, we expect over 1 billion euros in brokerage reve\u00adnue from more than 11,500 real estate consul\u00adtants who are writing their own success stories under the Engel & V\u00f6lkers brand. The basis for this is our outstan\u00adding brand name and our leading tech and service plat\u00adform. The impres\u00adsive growth trajec\u00adtory is the ideal time to now set the course for an even stron\u00adger future in the long term, deve\u00adlop new stra\u00adte\u00adgies and further expand the bran\u00add\u2019s poten\u00adtial, espe\u00adci\u00adally in the tech-opera\u00adted business.\u201d About Perm\u00adira In Germany, the funds advi\u00adsed by Perm\u00adira are inves\u00adted in Team\u00adViewer, Best\u00adSe\u00adcret, Neur\u00adax\u00adph\u00adarm and Flix\u00adMo\u00adbi\u00adlity, among others. www.permira.com.<\/p>\n","protected":false},"excerpt":{"rendered":" Frank\u00adfurt \u2014 Perm\u00adira, the global private equity firm, has announ\u00adced the acqui\u00adsi\u00adtion of a majo\u00adrity stake in Engel & V\u00f6lkers. Engel & V\u00f6lkers is a leading global plat\u00adform for real estate consul\u00adtants in the high-end segment. The V\u00f6lkers family and part of the manage\u00adment retain just under 40 percent of the shares. Company foun\u00adder Christian [\u2026]<\/p>\n","protected":false},"author":2,"featured_media":37950,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[1366],"tags":[],"class_list":["post-40299","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"yoast_head":"\n
\nSubject to custo\u00admary tran\u00adsac\u00adtion condi\u00adti\u00adons, the acqui\u00adsi\u00adtion is expec\u00adted to close in the fourth quarter.<\/p>\n
\n<\/strong>
\nPerm\u00adira is a global private equity firm that supports successful compa\u00adnies with growth ambi\u00adti\u00adons. Foun\u00added in 1985, the company advi\u00adses funds with a total volume of around 50 billion U.S. dollars (44 billion euros) and invests in compa\u00adnies over the long term through majo\u00adrity and stra\u00adte\u00adgic mino\u00adrity share\u00adhol\u00addings. Perm\u00adira advi\u00adsed funds have comple\u00adted over 250 private equity tran\u00adsac\u00adtions in four key sectors: Tech\u00adno\u00adlogy, Consu\u00admer Goods, Services and Health\u00adcare. The company has an exten\u00adsive track record in services and has alre\u00adady inves\u00adted \u20ac10.7 billion in 40 compa\u00adnies in proptech, finan\u00adcial services and other busi\u00adness services. Perm\u00adira employs more than 350 people in 15 loca\u00adti\u00adons in Europe, North America and Asia, inclu\u00adding the Frank\u00adfurt office.<\/p>\n