DoubleDigit Group is pleased to announce its latest transaction in the Proptech/ Real Estate Services sector: value-added M&A advice to the founders & shareholders in the successful sale of Neuraum Ventures GmbH to AVIV Group, a subsidiary of Axel Springer.
Neuraum Ventures GmbH (“Neuraum”) is the leading home building platform in Germany and Austria brokering a multi-billion volume annually. Neuraum operates four high-traffic portals: fertighaus.de, massivhaus.de, bungalow.de, and einfamilienhaus.de connecting & matching aspiring homeowners with more than 400 vendors.
Since its foundation 2015, and almost fully bootstrapped, the platform has been revolutionizing the homebuilding industry providing unparalleled user experience & efficiency to both sides, users and vendors alike, through its cutting-edge technology offering.
With AVIV Group, Neuraum has found the ideal partner to accelerate its business, benefitting from AVIV user reach in its core GER & AT market (immowelt, etc) and international (SeLoger, etc), as well as from AVIV synergistic product offering, making this transaction & partnership a truly 1+1=3; and fully paying into Neuraum founders’ strategic plan and vision.
"We're committed to empowering entrepreneurs realizing their ambitions through transformative deals, finding the right partner and always striving to exceeding expectations. We are thrilled to see the Neuraum founders further revolutionizing the homebuilding category together with AVIV"- Daniel Schenk, Founder & CEO at DoubleDigit Group.
We want to thank the Neuraum Ventures GmbH Founders & Majority Shareholders Henrik Blank, Dr. Erik Fasten, and Dr. Sebastian Keitel for their trust and serving them to achieving a fantastic M&A outcome.
Dr. Erik Fasten: “With Daniel, Philipp, and Anatoliy, we had partners at our side who were not only fully committed to supporting us at any time but also deeply immersed themselves in our vision, business model, and growth plans to be a true sparring partner.”
DoubleDigit acted as the exclusive M&A advisor to Neuraum Ventures GmbH and all its shareholders.