taxess advises the shareholders of Engel & Völkers, one oft the world’s most respected addresses for the brokerage of premium real estate, on an ivestment by the global investment company Permira.
Engel & Völkers has signed a contractual agreement with the Permira funds. After the transaction, the Völkers family and part of the management team will retain almost 40% of the shares in the company.
Engel & Völkers was founded in Hamburg in 1977. More than 14,500 people currently work under the Engel & Völkers brand, at 900 locations in 30 countries, and make use of the Engel & Völkers platform. They profit from outstanding sales mandates, digital tools and a comprehensive range of services, as well as one of the most renowned brands in the real estate sector worldwide.
taxess provided tax and structural advice on the sale.
