IMMOunited Under Regulatory Review for Sale to Scout24
Deal News | Apr 11, 2025 | CEE Legal Matters
The Austrian real estate data specialist IMMOunited is set for acquisition by Scout24 SE, pending regulatory approval. IMMOunited, since its inception in 2007, has been instrumental in providing land register data and enhancing transparency in the Austrian real estate market with its comprehensive products and services. Scout24 SE, which operates the platform ImmoScout24.at, is expanding its portfolio with this acquisition. Dorda and Cerha Hempel, two prominent legal advisors, are overseeing the transaction. Key legal advisors involved from Dorda include Partners Christian Ritschka, Axel Anderl, and Bernhard Rieder among others, while Cerha Hempel's team includes Partners Thomas Trettnak, Christoph Reiter, and Armin Schwabl. As the deal awaits regulatory approval, it signifies a noteworthy movement in the Austrian real estate data landscape.
Sectors
- Real Estate
- Legal Services
- Technology
Geography
- Austria – Both IMMOunited and the platform operated by Scout24 SE, ImmoScout24.at, are based in Austria, making it the key geographic focus.
Industry
- Real Estate – This industry is relevant as IMMOunited specializes in land register data and real estate transaction information.
- Legal Services – The involvement of the legal advisory firms Dorda and Cerha Hempel in the transaction indicates the importance of legal services.
- Technology – Scout24 SE operates a platform, ImmoScout24.at, which is involved in real estate technology.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IMMOunited | Target | Company | A specialist in providing land register data and real estate transaction information in Austria. |
| Scout24 SE | Bidding Company | Company | The operator of the Austrian platform ImmoScout24.at seeking to acquire IMMOunited. |
| Dorda | Legal advisor | Company | A law firm providing legal advisory services for the transaction. |
| Cerha Hempel | Legal advisor | Company | A law firm advising on the completion of the sale. |