We advised Altor Fund in the acquisition of Realia Group
Ellex Raidla together with Ellex Klavins and Ellex Valiunas advised Altor, the Nordic private equity fund, in the acquisition of Realia Group. Realia Group is the largest service provider in real estate management and brokerage services in the Nordic countries and is also a parent company of Ober Haus that is one of the oldest real-estate estate mediation and valuation company in the Baltics.
The purchase agreement was signed on June 1, 2016, but will require an approval from the Finnish Competition and Consumer Authority, and it is expected to be completed by the end of June. The transaction value will not be disclosed.
Ellex Raidla advised the client on legal due diligence as well on other transaction related matters.
The Estonian team was led by partner Risto Vahimets with lawyer Anna Trine Raudsepp.
Ober Haus press release is available here.
Media coverage about the transaction (in Estonian):
Altor omandab kinnisvaraettevõtte Ober-Haus emafirma
Uus omanik muudab Realia Group´i veelgi tugevamaks
Uus omanik muudab Realia Group´i veelgi tugevamaks
