Scout24’s Acquisition of Vermietet.de

FPS Fritze Wicke Seelig advised Zenhomes GmbH on the deal. Osborne Clarke advised Scout 24.

Scout24 has signed an agreement to acquire a majority stake in Zenhomes GmbH, the company behind Vermietet.de which is a market leading digital platform for private landlords to manage all property related processes.

The cloud-based tools of Vermietet.de will be combined with the ImmoScout24 offering thereby significantly broadening the product scope. With ImmoScout24 the right tenants can be found. With Vermietet.de, landlords will now be able to manage the complete lifecycle of the tenancy. Vermietet.de was founded in 2016 by Jannes Fischer who will remain in the company as managing director.

Vermietet.de offers private landlords and property managers a comprehensive digital toolkit to manage the relationship with their tenants, prepare utility bills, assemble tax-declaration data, or obtain information on the market value of their properties.

Scout24 is one of the leading digital companies in Germany. With the digital marketplace ImmoScout24, for residential and commercial real estate, we successfully bring together homeowners, real estate agents, tenants, and buyers – and we have been doing so for more than 20 years. With around 13.8 million users per month, ImmoScout24 is the market leader for digital real estate listing and search. To digitise the process of real estate transactions, ImmoScout24 is continually developing new products and building up an ecosystem for renting, buying, and commercial real estate in Germany and Austria. Scout24 is a listed stock corporation (ISIN: DE000A12DM80, Ticker: G24) and member of the MDAX and the DAX50 ESG. Further information is available on Twitter and LinkedIn. Since 2012, ImmoScout24 has also been active in the Austrian residential and business real estate market.

The FPS team included Philipp Weber (Lead – Picture), Dr. Christoph Trautrims, Janna Pisarev, Kevin Brühl, Dr. Hauke Hansen, Dr. Marco Wenderoth, John Büttner, Stefanie Kalke and Aline Fritz.

The Osborne Clarke team that advised Scout24 was led by Dr. Fabian Christoph (Corporate) from Alexandra Nautsch and Maximilian Vocke (both Corporate / VC), Dr. Flemming Moos, Runa Wohlthat and Johannes Vöstner, (all IT law / data protection), Dr. Jens Wrede (tax law), Dr. Daniel Walter and Rebecca Unchtes (both Banking & Finance), Sarah Grigo and Dr. Dominic Habel (both Commercial), Dr. Hendrik Schöttle (IT law), Dana Elsa Alpar and Leonie Müller (both corporate), Romeo Szejnmann (real estate) and Mattis Aszmons (labor law).

Involved fees earner: Kevin Brühl – FPS Fritze Wicke Seelig ; John Büttner – FPS Fritze Wicke Seelig ; Aline Fritz – FPS Fritze Wicke Seelig ; Hauke Hansen – FPS Fritze Wicke Seelig ; Stefanie Kalke – FPS Fritze Wicke Seelig ; Janna Pisarev – FPS Fritze Wicke Seelig ; Christoph Trautrims – FPS Fritze Wicke Seelig ; Philipp Weber – FPS Fritze Wicke Seelig ; Marco Wenderoth – FPS Fritze Wicke Seelig ; Dana Alpar – Osborne Clarke; Mattis Aszmons – Osborne Clarke; Fabian Christoph – Osborne Clarke; Sarah Grigo – Osborne Clarke; Dominic Habel – Osborne Clarke; Flemming Moos – Osborne Clarke; Leonie Müller – Osborne Clarke; Alexandra Nautsch – Osborne Clarke; Hendrik Schöttle – Osborne Clarke; Romeo Szejnmann – Osborne Clarke; Rebecca Ungerechts – Osborne Clarke; Maximilian Vocke – Osborne Clarke; Daniel Walter – Osborne Clarke; Runa Wohlthat – Osborne Clarke; Jens Wrede – Osborne Clarke;

Law Firms: FPS Fritze Wicke Seelig ; Osborne Clarke;

Clients: Scout24 AG; Zenhomes GmbH;

Author: Federica Tiefenthaler