Proventis Partners (Germany) advised TÜV SÜD AG on the sale of its property valuation subsidiary to Persch Consult GmbH

TÜV SÜD AG is one of the world’s leading technical testing organizations with over 150 years of corporate history. Today, the company has more than 25,000 employees at over 1,000 locations. The company’s aim is to inspire trust in technology, enabling progress by managing technology-related risks and facilitating change.

Persch Consult GmbH | Chartered Surveyors which is part of the Spanish Tinsa Group (a portfolio company of the international private equity company Cinven) and a leading provider of independent real estate valuation in Germany is growing with the acquisition of TÜV SÜD ImmoWert GmbH, the property valuation subsidiary of the international group TÜV SÜD. Starting from 01. March 2023 TÜV SÜD ImmoWert GmbH is named PCCS Immowert GmbH. The company is ranked in the top 10 of the German real estate appraisers.

In the transaction process led by Proventis Partners as M&A advisor, 100% of the shares in TÜV SÜD ImmoWert GmbH were sold to Persch Consult in a share deal. The aim of the buyer is to sustainably continue the growth course of both companies in the field of independent real estate valuation in Germany.