Grimaldi franchising re-changes structure

The evolution of Grimaldi Franchising's shareholding structure continues, following the management buyout in June 2023 with which the network broke away completely from the Gabetti group.

Now the management announces that the investment company Esperia Investor - a major holding company that invests in high-tech early-stage companies and operates mainly in the real estate and financial services sector - has increased its stake from 35% to 90%, with the remaining part held by the Racco Group. Grimaldi was the first real estate franchise network in Italy and today has a presence throughout the Peninsula with approximately 180 agencies and over 700 consultants.

At the same time, the shareholders' meeting appointed the new board of directors with Emiliano di Bartolo as chairman. Antonio Ferrara, managing director with a focus on Finance, Luigi Sada, managing director, and Francesco Ronzoni, board member, are also on the board.

"We wanted to increase our shareholding and gain control of Grimaldi," declare in unison Emiliano di Bartolo, chairman of Grimaldi and co-founder partner, and Antonio Ferrara, of Esperia Investor, "because we are convinced that it is a reality with excellent growth prospects and a very strong position in the Italian real estate market, thanks to a widespread network and highly experienced and skilled professionals. I would like to thank all those who, over the years, have made the group great and well-known: our goal now is to continue the path of strengthening and expansion in the market that Grimaldi has already started in recent years. We will strive to further consolidate our market presence and expand our range of services, always putting our customers at the centre".

"I am thrilled to be able to offer Grimaldi my experience, gained over more than 20 years in real estate franchising. Grimaldi is a brand that boasts an important history and has always been innovative for the sector, the first in Italy and the second in Europe to adopt franchising as a commercial collaboration formula for its network of real estate agencies and among the first to espouse an approach based on territorial operational freedom," comments Luigi Sada, managing director and board member of Grimaldi.