Oryx raises €100m from new shareholders Tikehau and Abénex
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- 12:05, 14 January 2022
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Real estate digital platform Oryx Group has announced it has raised €100 mln from new shareholders, Tikehau Capital, the global alternative asset management group through one of its funds, and French private equity firm Abénex.
Group Oryx operates a digital platform which efficiently connects supply, demand and talent in the real estate property market.
Tikehau Capital and Abénex will invest alongside Oryx Group’s management who will retain a majority stake following the completion of the transaction.
The investment will support and accelerate Group Oryx’s growth ambitions by upscaling its technological platform, the company said.
Since Michel Le Bras and Christine Cadrot took over the management of Oryx Group in 2016, the turnover has increased tenfold and reached €75 mln by the end of 2021, with an average annual growth rate of 35%. Their objective was to become one of the top three real estate agent networks.