Does Engel & Volkers have any predecessors?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Affiliates**
We do not have any predecessors.
We have several parents. We are a majority-owned subsidiary of Engel & Völkers U.S. Holding GmbH ("U.S. Holding GmbH"), a German limited-liability company which was organized in December 2005. US. Holding GmbH is wholly-owned by Engel & Völkers Residential GmbH, a German limited liability company, formerly known as Engel & Völkers Immobilien GmbH, which was organized in December 1977 ("E&V Residential"), which is in turn wholly-owned by Engel & & Völkers GmbH, formerly known as Engel & Völkers AG ("E&V GmbH") which is wholly owned by Engel & Völkers Holding GmbH ("E&V Holding GmbH"), a German limited liability company. In or around May 2025, U.S.Holding GmbH and E&V Residential are expected to merge, leaving E&V Residential as the surviving entity. E&V Residential, will then become our new direct parent. Our ultimate parent is Permira VII Inv. Platform S.à.r.l, ("Permira"), a Luxembourg limited liability company.
U.S.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, Engel & Völkers Americas, Inc. does not have any predecessors. The company was incorporated in Delaware on November 17, 2005, and began operations in February 2006 under the name Engel & Völkers U.S. Holdings, Inc. The name was changed to Engel & Völkers Americas, Inc. on February 28, 2018. Engel & Völkers Americas, Inc. operates under the names Engel & Völkers and Engel & Völkers Americas, Inc. The principal place of business is located in New York, NY.
While Engel & Völkers Americas, Inc. itself has no predecessors, the FDD provides extensive information on the history and evolution of the Engel & Völkers Group, the affiliated companies with which it is associated. The Engel & Völkers Group has a history dating back to 1977, with the establishment of Engel & Cie in Germany. This group has experience operating Engel & Völkers real estate offices for over 40 years and franchising real estate brokerages for over 20 years.
Prospective franchisees should understand that while Engel & Völkers Americas, Inc. is a relatively new entity, it is part of a larger, established international network with a long history in the real estate business. This distinction is important for assessing the brand's reputation, experience, and overall stability. Franchisees benefit from the experience and systems developed by the Engel & Völkers Group.