Aareal bank acquisition of plusForta GmbH


ARQIS has advised SchneiderGolling & Cie. Beteiligungsgesellschaft mbH, the SG Group holding company, Capitol Immobilien GmbH and Mr. Robert Litwak on the sale of their shares in plusForta GmbH.

Aareal Bank Group has acquired all the shares in plusForta GmbH, a market-leading broker of tenant deposit guarantees in Germany. The deal expands Aareal Bank Group’s range of property industry services while also strengthening its digital solutions offering for the housing industry and its clients. Both parties have agreed not to disclose the terms of the transaction.

plusForta GmbH, which is headquartered in Düsseldorf and also has an office in Berlin, was formed in 2008 by SchneiderGolling & Cie. Beteiligungsgesellschaft mbH and Capitol Immobilien GmbH. The company successfully brokers deposit guarantees furnished by R+V Versicherung and Württembergische Versicherung to clients via two online platforms, kautionsfrei.de and kautionsfuchs.de. Deposit guarantees have already become established as an alternative to cash deposits, and are accepted as tenant security deposits.

The service is aimed at tenants of residential apartments and commercial property. Roughly 160,000 guarantee agreements have been brokered to date. plusForta is part of a national network in Germany that also comprises well-known partners in the property, financial and insurance sectors.

ARQIS has advised SchneiderGolling & Cie. Beteiligungsgesellschaft mbH, the SG Group holding company, Capitol Immobilien GmbH and Mr. Robert Litwak with a team including Jörn-Christian Schulze (Picture – M&A), Nima Hanifi-Atashgah (Corporate/M&A), Carina Engelhard (labour law) and Liliia Sagun.

Involved fees earner: Carina Engelhard – Arqis; Nima Hanifi-Atashgah – Arqis; Jörn-Christian Schulze – Arqis;

Law Firms: Arqis;

Clients: Capitol Immobilien GmbH; SchneiderGolling & Cie. ;