October 14, 2021

Willkie represented TA Associates in the transaction.

TA Associates announced it agreed to acquire a 25% stake in Foncia, a major provider of residential property management services in Europe. Foncia is owned by Partners Group, which will continue to hold a majority stake in the company.

Founded in 1972 and headquartered in Paris, France, Foncia provides a range of services primarily to residential property owners and tenants, including joint property management, lease management, letting, and brokerage services. The company also offers a range of ancillary, digital, and B2B services, such as diagnostic solutions and B2B property management services.

TA is a leading global growth private equity firm focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – and has invested in more than 550 companies around the world. TA has raised $47.5 billion in capital since its founding in 1968.

The Willkie team was led by partners Eduardo Fernandez and Gregoire Finance and included partner Paul Lombard, counsel Hugo Nocerino and Dr. Moritz Vetterman.