We have advised the owners of Avy, a leading Nordic PropTech platform, on its sale to Fidelio Capital.
Avy has developed a market-leading tenant experience platform used by property owners across the Nordic region, reaching nearly 500,000 households. With a strong product, modern technical architecture, and advanced use of data and AI to enhance operations, communication, and services within residential real estate, Avy has built a scalable platform with strong potential for continued growth.
Through the investment, Avy becomes part of Fidelio’s newly established group focused on property management and technology. Avy represents an important step in Fidelio’s ambition to build a global platform combining advanced technology, AI-driven services, and professional property management for professional real estate owners.
For Avy, the new ownership structure marks a significant strategic milestone in the company’s development. The business will continue to be led by its existing management team and operate as an independent company within the group. Through the new ownership, Avy gains access to long-term capital, a strong platform for international expansion, and deep industry expertise.