Finsolutia and Hipoges agree to acquire Servihabitat

• Through the sale agreement, Pollen Street Capital will create a Group comprising Finsolutia, Hipoges and Servihabitat, with ~ €60 billion in assets under management and over 2,000 employees across four countries.

• This acquisition further strengthens the Group’s position in Spain and marks another step in Pollen Street Capital’s strategy to build a leading European tech-enabled platform for debt and real estate management.

Finsolutia and Hipoges today announced an agreement to acquire Servihabitat, one of Spain’s leading real estate and debt management platforms. The transaction further strengthens Finsolutia and Hipoges’ leadership in the Spanish market and positions the combined Group as one of the leading platforms in the sector across Europe.

Finsolutia and Hipoges are backed by Pollen Street Capital (“Pollen Street”). The new combined entity creates a Group with ~€60 billion in assets under management, over 2,000 employees across Spain, Portugal, Italy and Greece.

Servihabitat brings extensive expertise in real estate commercialisation, residential assets, rental and land management. Its specialised teams and operational capabilities will complement Finsolutia and Hipoges’ offering and further strengthen the Group’s presence and capabilities in the Spanish market.

This acquisition represents another milestone in Pollen Street’s strategy to build Europe’s leading technology-enabled credit and real estate management platform. By bringing together Finsolutia, Hipoges, and Servihabitat, the Group combines broad geographic coverage with complementary capabilities to deliver a differentiated value proposition for asset owners and investors across Europe through integrated credit management, real estate services, technology and capital solutions.

The combined platform will continue serving leading financial institutions and international investors through an integrated offering, providing solutions across the entire credit and real estate management value chain.

“This transaction significantly strengthens our position in Spain and expands our ability to support clients in addressing increasingly complex challenges. Servihabitat’s expertise and talented professionals complement our existing capabilities and will enable us to deliver an even stronger value proposition while continuing to place our clients at the centre of everything we do” said Afonso Nascimento, Hugo Velez and Claudio Panunzio, Group CEO Finsolutia and Managing Directors CO-CEOs of Hipoges.

“This acquisition is a natural next step in building the leading platform for credit and real estate management in Iberia. Servihabitat brings deep REO expertise, valuable client relationships and a strong national footprint. Together, the combined Group is well positioned to be a leader in the region, remaining focused on providing excellent support to clients through an increasingly complex environment.” added Lindsey McMurray, CEO of Pollen Street.