Who is the ultimate parent of Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
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. Holding GmbH, E&V Residential, E&V GmbH and E&V Holding GmbH are all located at Vancouverstrasse 2a, 20457 Hamburg, Germany. Permira is located at 488, route de Longwy, 1940 Luxembourg.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the ultimate parent company is Permira VII Inv. Platform S.à.r.l, referred to as Permira, which is a Luxembourg limited liability company. Engel & Volkers Americas, Inc. is a majority-owned subsidiary of Engel & Völkers U.S. Holding GmbH, which is wholly-owned by Engel & Völkers Residential GmbH. Engel & Völkers Residential GmbH is wholly-owned by Engel & Völkers GmbH, which is wholly owned by Engel & Völkers Holding GmbH.
Engel & Völkers U.S. Holding GmbH and Engel & Völkers Residential GmbH are expected to merge around May 2025, with Engel & Völkers Residential becoming the direct parent. All entities except Permira are located at Vancouverstrasse 2a, 20457 Hamburg, Germany. Permira is located at 488, route de Longwy, 1940 Luxembourg.
Understanding the parent company structure is crucial for prospective franchisees as it clarifies the lines of authority and control within the Engel & Volkers organization. This knowledge can be important when assessing the long-term stability and strategic direction of the franchise system. The franchisee can also research Permira to understand their investment philosophy and how it might impact Engel & Volkers' operations and growth.