ERA Belgium NV, represented by managing directors Iain Cook and Pol Vanacker, has sold the majority of its shares to entrepreneur Johan Krijgsman. BDO Corporate Finance acted as the sell-side advisor in this transaction.
ERA Belgium is one of the most important real estate franchise networks in Belgium. The company has built a strong reputation on the market over the past 25 years with an outstanding track record. Currently, more than 100 agencies together with over 400 employees facilitate 5.500 property transactions a year under the growing ERA Belgium flag.
Johan Krijgsman owns several companies and has been active for 13 years as real estate broker leading ERA Wonen with 6 agencies in East-Flanders. He will, together with the current shareholders, outline the future and expansion of ERA Belgium in the coming years.
BDO Corporate Finance successfully assisted in this transaction, which was characterized by a very constructive setting, both seller and buyer have a very good sector knowledge.
Iain Cook said after the transaction “We are very pleased with the way BDO, both Corporate Finance and Legal advised us and guided us from start to finish. They were instrumental in facilitating a transaction which left both seller and buyer with a good feeling”.
For more information on Mergers and Acquisitions, please contact Alexi Vangerven.