Alantra advises TINSA and Persch Consult on the acquisition of TÜV SÜD ImmoWert

Apr 2023

Buy-side advisory

Frankfurt / Madrid – Alantra, the independent global mid-market financial services firm, is pleased to announce that it has acted as exclusive financial advisor to TINSA Group and Persch Consult GmbH (“TINSA” and “Persch Consult”), one of the leading real estate valuation companies in Europe, on the acquisition of TÜV SÜD ImmoWert GmbH (“TÜV SÜD ImmoWert”), one of the top 10 German property valuation companies.

TINSA, a global property consultancy present in 16+ countries, has experienced significant growth in the last years, driven by organic activities (+3 million digital and on-site valuations annually) and c. 20 acquisitions in Europe, LatAm, and Africa. TINSA reinforced its presence in the German market with the acquisition of Persch Consult and on-geo companies.

Founded in 2002, TÜV SÜD ImmoWert is a well-known brand in the German real estate appraisal market, being one of the top 10 German property valuation companies. The Company focuses predominantly on mortgage appraisals, market value appraisals, and inspections, providing high-quality services with profound technical expertise.

Nikolaus Persch, Founder and Managing Director of Persch Consult, said: “The acquisition of TÜV SÜD ImmoWert’s team will add a wealth of experience to our firm, which complements our capabilities and is a great foundation for a successful integration process, which will start at the beginning of March.”

Robert von Finckenstein, Managing Partner at Alantra’s Frankfurt office, added: “We would like to thank TINSA and Persch Consult for their trust and support in this important transaction and we are convinced this acquisition will strengthen their leadership in the European real estate appraisal market.”

Andrés Ribón, Partner at Alantra’s Madrid office, highlighted: “Winning this mandate is the result of a sub-sector (appraisals) and client/country coverage for Alantra. This specific deal is part of a buy-side program to find potential add-ons in Germany. After an initial mapping of the competitive landscape, TÜV SÜD ImmoWert conducted a competitive process in which TINSA was selected as the preferred bidder and later reached an agreement to acquire the Company.”  

The transaction highlights Alantra’s strong cross-border capabilities with the involvement of both the German and Spanish offices and reaffirms Alantra’s position as the leading M&A FIG advisor in the mid-market.