NEON advises Habyt on acquisition of Quarters

12 March 2021 | NEON advises co-living provider Habyt on its acquisition of Quarters, one of the largest co-living providers in the world.

Founded in 2017 by Luca Bovone (Forbes 30 under 30), Berlin-based Habyt has grown into one of Europe’s leading co-living providers in just a few years. Following the acquisitions of Erasmo’s Room and GoLiving, Quarters is now the third and largest successfully completed acquisition within the last 12 months, marking an important milestone on Habyt’s way to the top of the co-living industry. With a mission to create the best living experience through great design, community and simplicity, Habyt has already raised €8 million to date from leading VC investors such as P101, Picus Capital and Inveready and now has more than 4,000 units in 13 cities and 5 countries.

Background:

The contact with Habyt came about through collaboration in a transaction. NEON is pleased to now accompany Habyt on its expansion course as well as in acquisitions and financing, in addition to providing ongoing advice.