The Parella Group acquires a major stake in Agilité

26th Nov 2024

Parella Group acquires a major stake in Agilité

A leader in real estate advisory and transaction management and the transformation of workspaces, The Parella Group, has acquired a majority stake in European construction company and certified B Corp, Agilité.

Agilité has experienced unprecedented growth since its inception in January 2018 – delivering office, retail and hospitality projects in over 12 countries for clients that include Hogan Lovells, General Motors, The Social Hub, Costco Wholesale and LVMH.

With collective turnover exceeding €135 million in 2024, the newly-formed group – backed by Qualium Investissement, a Paris-based private equity firm with €2.1 billion in funds under management – is anticipating 20 per cent year-on-year growth.

The deal brings new expertise, a broader customer base and a wider geographical reach via eight European offices – Belgium, France, Germany, Italy, Luxembourg, Spain, the Netherlands and the UK. Agilité and The Parella Group’s clients, colleagues and contractors will have access to best-in-class local knowledge and technical support during project deliveries. This acquisition reinforces The Parella Group's commitment to sustainable development (recognised by ECOVADIS), and is bolstered by Agilité’s B Corp certification.

Neil Coales - June 2022“It was important that Agilité joined a group with similar values and ambitious growth plans. The Parella Group is well-respected within France’s corporate office sector. Having initiated its internationalisation a few years ago, it’s known for helping companies of all sizes and industries to build powerful real estate strategies and great spaces,” explains Neil Coales, managing director of Agilité.

“Many of these clients are also looking to work internationally, and with bases in eight European countries, we are perfectly poised to support such expansion throughout the continent. With the backing of The Parella Group’s in-house specialists, we collectively have access to more opportunities and ideas, and Agilité can deliver much larger projects too.”

Michael Kaplan, partner at The Parella Group concludes: “Agilité’s growth throughout Europe over the past six years has been incredible, and the reputation it has built up amongst its peers is confidence inspiring. Effective since 2022, the merger of the two organisations is set to gain further momentum as the exchange of ideas and strategic opportunities accelerates – with Agilité seeing a net increase of 20 per cent in both negotiated and tendered opportunities.”

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