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iad

Status
Realised
Country
France
Strategy
Mid Cap
Sector
Business Services
Entry
Sep-16
Exit
Apr-21
Fund
IK VII

Leading European digital network of independent real estate agents

Founded in 2008 with the ambition to offer an alternative way of buying and selling residential property, iad is a fast-growing digital platform offering a large range of value-added support services to independent real estate agents.

The company has demonstrated a stellar track record of organic growth since inception and has grown to become the largest network in France with ca. 3,200 local agents and over 11,800 transactions intermediated during 2015.

In September 2016, the IK VII Fund acquired a majority stake in iad, alongside Five Arrows Principal Investments, from founders and Naxicap Partners.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Further penetrate the French market.
  • Drive international expansion by developing the company in neighbouring countries organically or through acquisitions.
  • Develop adjacent business segments, especially property rental and rental management.