Real estate news | YARD REAAS aims high: the Anacap Fund joins | MonitorImmobiliare

Big news at YARD REAAS with the entry into the shareholder base of AnaCap which takes over the majority of shares.

AnaCap is a pan-European private equity fund specializing in investment transactions in partnership with entrepreneurs from service, technology and software companies and aims to make YARD REAAS “the leading provider of technology services in the real estate sector in Southern Europe”, as he declared. Alberto Sainaghi, Managing Director of AnaCap. The entrepreneurs and managers Emanuele Bellani, Paolo Datti and Paolo Perrella will remain in YARD REAAS as shareholders and will continue to guide it in its path of growth and internationalization, ensuring stability and leadership in the pursuit of the Group's objectives.

Emanuele Bellani and his partners Paolo Datti (co-founding partner of REAAS) and Paolo Perrella (founding partner of YARD) thus complete the autonomous expansion strategy of YARD REAAS which has led to 6 different acquisitions, the most recent, Tecnit@lia , in January 2024.

The amount of the operation has not been revealed, which will be formally concluded in the coming weeks.

Emanuele Bellani, CEO of YARD REAAS: “We believed from the start that AnaCap would be the ideal partner to pursue our objectives, both in terms of growth in scale and the strengthening and modernization of our service offering. His experience in implementing development strategies, combined with his deep expertise in using technology as a growth engine, will contribute to the realization of our future plans, which include the continuity of organic development, the consolidation of leadership of the Group in Italy and expansion in other European countries, also through targeted acquisitions that use technology and human capital as strategic and differentiating levers in the market.”

Alberto Sainaghi, Managing Director of AnaCap: “We are enthusiastic about collaborating with Emanuele and with the Management of YARD REAAS, also in light of the important results they have achieved in recent years and the excellent reputation acquired on their reference market. AnaCap's vision is that YARD REAAS can become the leading technology service provider in the real estate sector in Southern Europe, with tier one clients in different geographies and across different asset classes.”

Nassim Cherchali, Co-Manager of AnaCap: “AnaCap continues its strategic trajectory to capture attractive investment opportunities in Europe through in-depth knowledge of local markets, sector specialization and focus on the lower middle market. AnaCap's acquisition of YARD REAAS is another example of how we partner with ambitious founders and management teams to support and accelerate their growth goals. We look forward to working alongside the YARD REAAS Group and are excited for them to join the AnaCap platform.

AnaCap was assisted by Vitale&Co as buy-side advisor and by Allen & Overy for legal aspects.

The selling partners IRE Holding and Dea Capital (owners of 100% of the share capital of Yard Reaas) were supported by Mediobanca as sole financial advisor, by Gatti Pavesi Bianchi Ludovici for legal aspects and by Fivelex for tax aspects.

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