houzy and myky join forces under Swiss Digital Home AG

Hoffmann & Partner, the Basel-based M&A advisory firm, acted as the exclusive financial advisor to both houzy and myky.

Description

Under the umbrella of the newly founded Swiss Digital Home AG, the two PropTech companies houzy and myky are jointly developing the market-leading platform for private home ownership in Switzerland. In future, the platform will support homeowners throughout the entire lifecycle of their property, helping them to make informed decisions and to maintain and enhance the value of their home in the long term.

The new platform combines the complementary strengths of houzy and myky: with around 3.5 million users per year and 320,000 registered residential properties, as well as a broad network of tradespeople, banks, insurance companies and estate agents, it creates a comprehensive, wide-reaching platform dedicated to private home ownership in Switzerland.

“Our aim is to make it easier for property owners to manage their properties, make better decisions about their future, and maintain and enhance their value in the long term,” says Tiziano Lenoci, CEO-designate of Swiss Digital Home AG.

Shareholders include the Helvetia Baloise Group, the Berner Kantonalbank (BEKB), Gebäudeversicherung Bern (GVB) and a further 17 cantonal banks (represented by NNH Holding AG).

Members of this Deal

Select Member
Urs Breitenstein
Switzerland | EMEA
View Profile
Select Member
Claudia Halasz
Switzerland | EMEA
View Profile
Select Member
Niklas Schehrer
Switzerland | EMEA
View Profile

Other Deals by Hoffmann & Partner

More Deals in the Technology, Media and Telecoms sector