HousingAnywhere Acquires Majority Stake in Studapart and Consolidates European Leadership
- HousingAnywhere acquired a majority stake in Studapart, the number one French student accommodation platform
- The 5th acquisition in 2 years demonstrates HousingAnywhere’s commitment to creating a more transparent and sustainable rental ecosystem across Europe
- Studapart will accelerate its pathway to continued growth with its founders and entire team committed to the combined business
- The combined European business expects to match 100,000 tenants with vacant rental properties in 2022, entirely online
Rotterdam 15 February, 2022_ — HousingAnywhere (https://housinganywhere.com) acquires a majority share in Studapart (https://www.studapart.com) and forges ahead as Europe's largest end-to-end rental accommodation marketplace. Together with its organic growth, this acquisition demonstrates HousingAnywhere’s commitment to driving the residential rental market to achieve its Triple A (Availability, Affordability, Accessibility) rating by creating the most technologically advanced marketplace. After acquiring market leaders in Germany, Italy, Iceland, the Netherlands, and now France, this 5th acquisition in 2 years consolidates HousingAnywhere’s #1 position in Europe by size and impact.
Studapart is the #1 rental marketplace in France, a market known to be fragmented and culturally bound with language barriers and complex regulations,” says Djordy Seelmann, CEO of HousingAnywhere.
He adds:
Studapart is technologically far ahead of its French competitors and has excellent traction in the student room segment with significant scope for growth, both in France and internationally. We are excited to acquire a majority stake in Studapart and welcome its team as our long-term partners. Our shared purpose, culture, matching vision and ambition will expand our positive footprint in Europe’s rental accommodation market.
HousingAnywhere projects 2022 to be a record-breaking year. The combined European business expects to match 100,000 tenants with vacant rental properties, recording €500 million in rent transactions and €25 million in revenues. The group expects to welcome 30 million unique visitors to its websites, who can choose amongst 200,000 properties available for rent. In addition, HousingAnywhere welcomes Studapart’s founders and its team of 45 experts, with a plan to bring the total combined team size to 300 by the end of 2022.
Studapart’s team will remain based in Paris, France and continue its current focus on the French market while collaborating with HousingAnywhere to introduce their innovative product portfolio on a European scale, including their white-label platform for universities and a rent guarantee.
Our historical markets are growing rapidly, and our ambition is to extend our innovative business model throughout Europe,” says Alexandre Ducoeur, co-founder and CEO of Studapart. “HousingAnywhere was by far the best partner to join the forces and accelerate our growth. Our combined business holds undisputed European #1 position in this increasingly competitive market and will allow us to move forward with further innovation to create the best rental experience for our customers."
Djordy Seelmann, CEO of HousingAnywhere
About HousingAnywhere
HousingAnywhere is Europe's largest rental accommodation marketplace. After acquiring a majority stake in Studapart, the combined business now represents 20 million+ yearly unique visitors, 160,000+ properties available for rent and 65,000+ tenants finding their new homes in Europe, based on 2021 performance. Young professionals and students looking to rent a home are matched with accommodation providers, ranging from private real estate owners to large-scale property managers. Through its advanced platform, tenants book for longer stays and typically rent accommodation for 3 to 12 months. The Rotterdam-based technology scale-up currently employs 185 people.
About Studapart
In 2014, Studapart was founded by Alexandre Ducoeur and Amaury Roland with a mission to redesign rent experience. Today, Studapart is the #1 student rental marketplace in France, with 5 million unique visitors per year and 107,000+ properties available for rent with an average rental period of 9 to 12 months. With innovative products and services such as a rent guarantee and white-label platform for universities, Studapart recently joined HousingAnywhere and became a part of the European number one mid-to-longer term residential rental platform. The Paris-based innovative start-up currently employs 45 people.
Note for press
For more information or to request visuals, please contact Yoony Kim, Head of Public Policy and Communications press@housinganywhere.com
This press release is also available in German, Spanish, Italian, Dutch, and French.
