GSN Property Services has been acquired by a Chinese property developer

GSN Property Services Co., Ltd. has been sold to a premium property developer in China.

Founded in 1996, GSN is the leading German property service provider in China. It has established four branches across China and focuses on offering high-quality services to multiple international and local clients related to workplace, commercial, education, residential, hospitality and healthcare properties. Its extensive client portfolio includes multinational corporations, embassies and international schools.

Oaklins’ team in Shanghai advised the seller in this transaction. With extensive understanding and deal experience in business services, especially in facility management, the team ran a well-managed and strictly confidential process and optimized valuation with a straight 100% sale. The team negotiated terms with the buyers, coordinated the bidding and negotiation process and ensured a smooth closing and post-transaction integration process.

Service

M&A sell-side

Parties

“The transaction was closed during the special time of COVID-19. I am happy to have worked with the Oaklins team. I am impressed with their professionalism, process management, communication and negotiation skills, capability to offer financial and commercial due diligence, as well as their strong network in China’s public and private sectors. They made the transaction happen even without my physical presence in China during the six-month period.”

Andreas Ermann

Former Owner, Chairman and Managing Director, GSN Property Services Co., Ltd.

Talk to the deal team

Angela Chen

Principal

Shanghai, China
Oaklins HFG China

View profile Get in touch

Related deals

STAC has been acquired by n2 Group

Business Support Services | TMT

STAC has been acquired by n2 Group

Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.

STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.

Learn more

Tri Fire Limited has been acquired by Phenna Group

Business Support Services | Construction & Engineering Services

Tri Fire Limited has been acquired by Phenna Group

The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.

Learn more

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International

Real Estate | TMT

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International

The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.

Learn more