Avalon joins the YARD REAAS Group, Italy’s leading real estate consultancy and integrated management of real estate services.
With the acquisition of Avalon, YARD REAAS, led by entrepreneurs and managers Emanuele Bellani, Paolo Datti and Paolo Perrella, pursues its strategy of growth through acquisitions alongside the pan-European fund AnaCap, which, since May 2024, has acquired a majority stake in the Group in order to support its expansion and internationalization process, along with strengthening its offer of cutting-edge digital solutions.
As part of the operation and in continuity with the business strategy, Avalon partners Jonathan Sancinelli, Federico Chiavazza, Giordano Graff and Paolo Ranieri have reinvested within the Group’s share capital and remain actively involved in the management team.
Jonathan Sancinelli commented: “Over the past 20 years we have worked hard to position Avalon as a company of reference in the industry, focusing on reliability and quality of service, with a completely tailor-made approach to the client. YARD REAAS Group is the ideal partner for initiating a process of integration, and we are pleased to join a great organisation that not only represents Italian excellence in the market but also shares and supports our same vision”.
Emanuele Bellani, CEO of the YARD REAAS Group, commented: “2024 was an important year for the growth of our Group, with the acquisition of Avalon strengthening the team in three segments deemed strategic for our services. The Group now has a workforce of more than 300 internal resources, 550 technicians in the region and more than 1,000 certified appraisers, exceeding €60 million in turnover. This acquisition is a further step in the development plan that we intend to pursue with our investor AnaCap, aimed at consolidating our leadership in the Italian market as we work towards the goal of becoming a top player at a European level in the Real Estate services sector dedicated to institutional investors and banks.”
Alberto Sainaghi, Managing Director of AnaCap, added: “Our vision is for YARD REAAS to become a European leader in the Real Estate investment services market, and we are therefore very pleased with this first operation, which will allow the Group to consolidate its leadership position in Italy. Our goal now is to continue on this path of further expansion abroad, both organically and through new acquisitions. AnaCap, with the support of all its shareholders, immediately understood the company’s great potential for growth and development, considering YARD REAAS to be the ideal platform for the execution of this strategy aimed at making the Group the industry standard setter in Italy and Europe”.
“Born from the aggregation of entrepreneurial experiences gained in a variety of different companies, the Group has attained a structure and a completeness of services such as to make us the absolute leader in Italy”, added Deputy Chairman – Head of M&A Paolo Datti, “but our ambition is to accelerate the expansion of our global reach in order to be able to better respond to the local challenges of our
international clients”.
Avalon was assisted by A&O Shearman for legal aspects, Mascherpa e Associati for tax matters, and KPMG Corporate Finance acted as financial advisor.
Read the press release.