Target Information
Founded in 2013, Sextant specializes in the transaction of existing residential properties. The company achieved a remarkable growth of over 50% in 2021 and currently boasts more than 300 affiliated advisors across France, having completed over 1,000 transactions last year. This success is largely attributed to a robust network built over the years consisting of experienced real estate professionals who provide optimal service throughout the country.
Since 2018, Sextant has been welcoming career changers with exemplary training and mentorship conditions. The company has further enhanced its offerings with an innovative 'Success Management' program, which provides personalized coaching to newcomers, guiding them through their initial transactions. As a result, Sextant has one of the highest sales per advisor ratios and maximum customer satisfaction ratings.
Industry Overview in France
The real estate industry in France is currently thriving, especially in the residential sector where transaction volumes are rising. Over the past few years, there has been a notable increase in the number of property investors, with their share of total transactions more than doubling between 2015 and 2021. This trend indicates a shifting landscape whereby more individuals are looking to real estate as a viable investment opportunity.
Moreover, the emergence of the internet as a marketplace has disrupted traditional real estate agencies. In just a few years, network business models, such as Sextant's, have proven to be more effective due to better compensation structures for advisors, lower fixed costs, and rapid integration of technology tools. These changes suggest a continual evolution in how real estate services are provided and received.
Foreign investors also play a significant role in the market, accounting for about 15% of potential buyers. This international demand, coupled with growing domestic interest, positions France as an attractive destination for real estate investment. Sextant's recent accolade as
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Alantra Real Estate Debt Fund → Real estate asset in Paris
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Inter Invest Capital
invested in
Sextant
in 2022
in a Growth Equity deal
Disclosed details
Transaction Size: $5M