Digital transformation in property management: Architrave buys Arex Technologies with GvW
GvW Graf von Westphalen has comprehensively advised Architrave, a Berlin-based proptech company, on the acquisition of the Canadian company Arex Technologies.
Arex Technologies develops software solutions designed to simplify and speed up transactions, appraisals and marketing processes in the real estate sector. The Toronto based company was established in 2019 and focussed its sales activities in North America, Spain and the UK.
With the acquisition of Arex Technologies and the integration of its team, Architrave is expanding its position as one of the world’s leading software companies in the real estate deal and asset management field. Architrave offers an integrated platform for quick and simple documentation and data management. Customers of the Berlin-based proptech company currently include companies like SEGRO, abrdn, Deka and BNP Paribas. The Arex Technologies acquisition is the first step in a comprehensive buy-and-build strategy by which Architrave will advance its own corporate development through complementary add-ons.
Architrave’s investors include PropTech1 Venture Capital Fund, a long-time client of Frankfurt partner Dr Markus Sachslehner.
GvW advised Architrave in this transaction with a team led by Dr Markus Sachslehner and Jan Hüniken and further made up of Sina Reck, Eric Walter (all M&A, Frankfurt), Dr Joachim Mulch (IP, Düsseldorf) and Karsten Kujath (Employment Law, Frankfurt).
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