M&A
From share deal to succession solution and carve-out: we structure transactions at company level – confidentially, with prepared documentation and a realistic buyer universe.
€ 0bn+
Transaction volume
0+
Active buyer contacts
0+ years
Market experience
DACH & intl.
Coverage
Mandates
Disposal of property companies, developers, managers and operating entities – structured, discreet and with a credible equity story.
Targeted search and approach of acquisition targets for strategic buyers and investors with a defined growth agenda.
For owner-managed landlords and managers: handover to management, family or an external buyer – staged or as a full exit.
Taking on or selling minority stakes to fund growth without giving up control.
Separating property holdings or business units out of a group into a standalone, saleable entity.
Share sales under time pressure – after a covenant breach, construction halt or in restructuring, aligned with the lenders.
Valuation
Valuation based on sustainable company cash flows including management and operating margins.
Net asset value from the underlying property valuations less liabilities – the standard for landlords.
EBITDA and revenue multiples from comparable deals, sense-checked against the realistic buyer universe.
Locked box or closing accounts, working capital adjustment, earn-out – mechanics decide what actually arrives.
KI generiertStructure
The structure drives tax, liability and the buyer universe. We settle it before any outreach starts.
Sale of the shares
Sale of the property
Process
Accounts, portfolio, contracts and organisation are reviewed and translated into a defensible valuation range.
Teaser, information memorandum and data room to institutional standards, including vendor due diligence.
Discreet approach to a pre-qualified circle instead of broad marketing. NDA before any detail is shared.
Comparison of price, structure, funding certainty and timeline – not just the headline number.
Tax, legal, technical and commercial review, with findings actively managed rather than passed along.
Negotiation of warranties, indemnities and price mechanics through to completion and handover.
KI generiert„In M&A the highest price rarely wins. Warranties, earn-out and timetable decide what actually reaches the seller.“
FAQ
Short answers from day-to-day mandates – including when a neighbouring service is the better route.
Through several lenses: NAV for asset-heavy property companies, DCF for predictable cash flows, multiples as a market check. The price still emerges in negotiation.
As few as possible, as many as needed. A curated list of 15 to 40 addresses usually beats a broad mailing – and keeps the process confidential.
Unclear working capital definitions, unresolved shareholder issues, skeletons in the company history, and a management team with no perspective after closing.
Property-related deals almost always run as share deals. Asset valuation comes from the transactions side, contract architecture from M&A – both have to line up.
Before the sale, when the balance sheet needs tidying, and on the buy side for acquisition finance.
Documents
We send these documents personally – leave your contact details and the package usually reaches you the same business day.
Related services
Most questions do not stop at one discipline. These are the neighbouring areas – and why they usually come up.
We assess your situation confidentially and without obligation – including how the purchase price gets funded.
