The acquisition of Avalon Real Estate S.p.A., a company specialized in Project Management, Valuation, and Technical Advisory, is part of the expansion strategy of Yard Reaas, an Italian leader in Real Estate consulting and integrated property services. The transaction was completed with the support of the AnaCap fund, which has held the majority stake in the group since last May.
The two Avalon companies, Avalon Real Estate and Avalon Technical Services, provide valuation and technical services to institutional investors, real estate funds, and credit institutions. Avalon’s partners will remain part of the management team, adhering to Yard Reaas’ growth project, led by Emanuele Bellani, Paolo Datti, and Paolo Perrella. Last January, the group had already acquired Tecnit@lia to expand its client base in the banking sector, and with the acquisition of Avalon, it continues to strengthen its presence in three strategic areas.
Currently, the Yard Reaas Group has over 300 internal employees, 550 technicians across the country, and 1,000 certified appraisers, with revenues exceeding 60 million euros.