GARAIO AG has sold a minority stake in GARAIO REM AG to Schweizerische Mobiliar
GARAIO AG has sold a minority stake in GARAIO REM AG to Schweizerische Mobiliar.
GARAIO AG is a Switzerland-based software company with 150 employees and focus on e-Business and collaboration solutions. With the real estate management software solution REM and its follow-up product GARAIO REM, GARAIO AG holds a leading market position in real estate management software. The Swiss insurance group Schweizerische Mobiliar is an important player in the real estate ecosystem. It provides insurance services to a third of all Swiss households.
To further strengthen its market position and focus, GARAIO AG spun-off the real estate business to an independent company, GARAIO REM AG, and subsequently has sold a minority stake to Schweizerische Mobiliar. Concurrently, GARAIO REM AG has acquired a minority stake in the tenant portal Aroov, a spin-off from Schweizerische Mobiliar. Aroov offers property managers and tenants a digital platform for communication and exchange, bringing savings of time and money for both.
GARAIO REM AG gains additional momentum through the partnership with Schweizerische Mobiliar and its participation in Aroov. "With the new tenant portal aroov, we offer added value not only to the property managers but also to the tenants," says David Brodbeck, CEO of GARAIO REM AG.
The Swiss insurance group Schweizerische Mobiliar is an important player in the real estate ecosystem. It provides insurance services to a third of all Swiss households.
GARAIO AG is a Switzerland-based software company with 150 employees and focus on e-Business and collaboration solutions. With its software REM and GARAIO REM it holds a leading market position in real estate management software.
Oaklins' team in Switzerland advised and supported GARAIO AG in the preparation of the business case and the subsequent negotiations with Schweizerische Mobiliar in this transaction.
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