DWS to acquire Peakside Capital Advisors

DWS to acquire Peakside Capital Advisors

Fusies & Overnames (M&A)
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DWS today announced that it has signed binding agreements to acquire 100% of Peakside Capital Advisors AG (Peakside) from shareholders led by its founders and managing partners, Stefan Aumann and Boris Schran.

Peakside is a specialist real estate asset manager focused on value-add and opportunistic investments in Germany and Central and Eastern Europe. Underpinned by its proven investment approach, the Peakside brand is well established in the market. The transaction is expected to close by year-end 2026, subject to regulatory approvals and other customary closing conditions.

Headquartered in Zug, Switzerland, Peakside operates across Germany, Luxembourg and Poland. The firm has expertise across office, retail, logistics and residential real estate and manages more than EUR 1.7 billion in assets mainly on behalf of institutional investors. The PREF fund series reflects Peakside’s investment experience.

The acquisition will strengthen DWS’ Alternatives platform by adding established value-add and opportunistic investment expertise and a strong track record to its European real estate business led by Clemens Schaefer. It will broaden DWS’ European real estate offering, particularly in Germany, while adding relevant capabilities in Central and Eastern Europe.

Peakside’s current owners Stefan Aumann, Boris Schran and Simon Lutz, together with the other members of Peakside’s senior management team, Frank Schäfer and Karol Maziukiewicz, will remain with the business following completion of the transaction, supporting continuity and the further development of the business within DWS. This continuity is expected to extend across the wider Peakside team.

Stefan Hoops, Chief Executive Officer of DWS, said: 'The acquisition of Peakside is an important step in strengthening our Alternatives platform. Peakside will add established capabilities and a strong track record in value-add and opportunistic real estate investing in Europe. It sends a clear signal that real estate is a core part of our Alternatives offering and an exciting asset class that we want to grow.'

Stefan Aumann, founder and managing partner of Peakside, added: 'By combining our investment expertise with DWS’ client relationships, distribution capabilities and global platform, we see significant opportunities to further develop the business and the solutions we provide to investors. We look forward to continuing to develop the business as part of DWS and to supporting its next phase of growth.'

Boris Schran, founder and managing partner of Peakside, said: “Our clients and existing investments will remain at the heart of our business. Together with DWS, we will focus on preserving continuity, maintaining the entrepreneurial DNA of our team and shaping an exciting new chapter together.” The parties have agreed not to disclose the financial terms of the transaction.