About the deal

Foncia Groupe, the leading residential real estate services company in France, has acquired Switzerland-based GRIBI, a leading family-owned property management company. This is the first acquisition of Foncia Groupe in the Swiss-German market and will allow the company to establish a strong footprint in the region.

With its portfolio of more than 35’000 residential and commercial properties as well as the strong brand, GRIBI is a key property manager in German-speaking Switzerland. The acquisition provides a highly complementary addition to Foncia Groupe’s existing activities and leading position in the French-speaking part of Switzerland via its local subsidiary DBS Immobilier.

Foncia Group is present across nearly 500 sites in France, Germany, Switzerland and Belgium. In 2017, Foncia Groupe generated revenues of c. EUR 750m and is ultimately majority-owned by Swiss-based Partners Group.

What we did

Capitalmind Investec introduced the acquisition opportunity to Foncia Groupe and acted as its exclusive financial advisor in the entire M&A transaction. In this role, it implemented an efficient process, creating a strong trust basis between both parties and integrating its strong knowledge of the real estate sector. The transaction highlights Capitalmind Investecs’ competences in advising on cross-border transactions and to establish sustainable entrepreneurial solutions for its clients.