Rina Prime Value Services has acquired GLOVAL, enhancing its real estate consultancy capabilities in Spain through the integration of advanced technology solutions and expanding its geographic presence.

Target Information

Rina Prime Value Services has acquired GLOVAL, a leading Spanish firm specializing in real estate evaluation, technical consulting, and advanced solutions involving big data and artificial intelligence within the real estate sector. Founded in 1985, GLOVAL has established itself as the third-largest company in the real estate valuation sector in Spain, generating over €31 million in revenue and employing more than 270 professionals across Spain, Portugal, and other markets. The integration with Rina Prime Value Services, which is already operational in Italy, the UK, Germany, and Poland, significantly enhances GLOVAL's geographic footprint, positioning both entities as an international platform for integrated services catering to funds, banks, institutional investors, public administrations, and private clients.

New Deal Advisors played a crucial role in this acquisition process, providing assistance in signing the binding agreements. This independent advisory firm, specializing in extraordinary operations, guided Rina through the acquisition with a team led by partner Antonio Ficetti Gasco, in collaboration with Eight Advisory's partner Gennat Mouline, focusing on Financial and Tax Due Diligence.

Industry Overview

The real estate sector in Spain has seen substantial growth, driven by a robust economic recovery and increased foreign investment. With property prices rising steadily and demand across commercial and residential segments on the rise, the landscape presents ripe opportunitie