Carlsquare advises ImmoSolve on the sale to Immonet
20 Jun 2014
Effective July 1, 2014, Immonet acquires a majority stake in ImmoSolve GmbH and strengthens its market position in the housing industry. ImmoSolve is one of the leading providers of CRM solutions for the housing industry. The software supports renting and management of application processes of approx. 150 housing associations with a portfolio of more than 1.4m housing units. ImmoSolve has been founded by Soeren Wollesen in 1996, who will continue running the company. His industry experience will facilitate the development of joint products.
Carlsquare has exclusively advised the shareholder of ImmoSolve during the transaction process.
With 1.495m current online-offerings, Immonet is one of the leading real estate portals in Germany. The Hamburg-based company registers more than 5.6m unique visitors per month (Google Analytics, 01/2014) and thus about 90m virtual property viewings. Being a subsidiary of Axel Springer Digital Classifieds and the media group Madsack, Immonet is a far-reaching platform for property owners and the basis for the modern search. At the same time, Immonet GmbH offers numerous property-related services, software solutions and apps for the marketing and search of real estate. The company currently employs 280 employees. In the last years, the German internet users have regularly confirmed the high level of product quality provided by Immonet. Immonet has been awarded with the “Onlinestar” and “Website of the Year” awards.
Bad Bramstedt-based ImmoSolve is a provider of CRM systems for the German housing industry. ImmoSolve improves CRM processes. The processes of renting, marketing as well as the maintenance of flats are quickened, simplified, automated and standardized. Since 2005, the North German company has been providing housing associations with attractively priced software solutions and advisory services. More than 150 companies use ImmoSolve to manage a housing stock of over 1.4m housing units.
Carlsquare and the international M&A network Globalscope offer integrated cross-border M&A consulting services for medium-sized transactions. Carlsquare – a partner led corporate finance firm – advises businesses and shareholders to realise their strategic objectives ensuring the highest level of quality. Carlsquare is managed by three partners and is based in Hamburg and Munich with 16 employees. Globalscope has 32 members in 27 countries with more than 300 professionals worldwide.
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