Business Services

I@D

The leading network of independent real estate consultants in France

September 2016
Investment Date
France
Country

Business Overview

  • Founded in 2008 and headquartered in Lieusaint (Ile de France), I@D is the leading French web-based network of independent real estate consultants
  • The proprietary I@D model differentiates itself from traditional real estate agencies through; (i) a network of over 3,000 independent self-employed consultants; (ii) a low fixed cost business model, without physical agencies, and; (iii) a multi-level marketing model

  • The business has demonstrated a strong track record of organic growth since inception

 

Investment Thesis

  • Significant growth potential through further market penetration in France, expansion of its real estate service offering and the opportunity to expand into other European countries
  • Highly dedicated management team supported by the original founders of the business

  • Profitable and cash generative business with limited fixed costs

 

Origination

  • The transaction was introduced to PDM by debt advisors, Edmond de Rothschild Corporate Finance, and supported by a strong relationship with sponsors IK and Five Arrows
  • PCS2 is the sole lender

     

http://www.iadfrance.fr/