Permira funds acquires majority stake Engel & Völkers, German-based global real estate franchisor

The presence of private equity in real estate is growing more prevalent. Over the last several years, private equity firms have acquired major real estate brokerage technology platforms – Lone Wolf Technologies, MoxiWorks, Inside Real Estate – which has led to acquisitions and consolidations in that category. And now they’re also going after brokerages and real estate brands – this acquisition brings one of the nation’s largest franchise brands under a private equity company. A private equity-backed company acquired fast-growing brokerage and franchisor JP and Associates Realtors in May 2021, and the nation’s 11th largest brokerage and budding franchisor At World (@properties/Ansley Real Estate and Nest Realty) is the result of a 2018 private equity acquisition of @properties.