The ANGEL Group, founded in 2000, is a major player in property management with a presence in the activities of condominium syndicates, rental management, transaction and rental.
Formed by successive acquisitions, the ANGEL Group consists of seven branches in the Rhône-Alpes and PACA (Provence Alpes Cote d'Azur) regions. With a stock of nearly 16,000 properties under management and a portfolio of 18,000 customers, the group is positioned among the top 20 players in the sector in France. It mainly operates under the Sage Bellier Coulet and Brussiaud de Villard brands.
On the occasion of this buy-out, orchestrated by ADVISO PARTNERS, the executive shareholders sold their company to the FONCIA group, a European leader in residential real estate services and No. 1 in France in co-ownership, rental management and property rental. In 2017, the FONCIA group posted revenues close to €800 million.
This transaction has enabled the FONCIA group to strengthen its presence in the co-ownership management and rental management activities in the South-East region and enables the executive shareholders to ensure the sustainability of their group.
