Crowdfunding
Homes4all and Homers Announce their Merger
Through the merger, it is believed to pool intangible and tangible resources and enhance the strengths and reduce the main weaknesses of the two companies. Homers will be able to increase its ability to attract investment and Homes4All will be able to acquire the skills and professionalism in the area of technical real estate development and design as well as the ability to generate new sales.
Homes4All Ltd. Benefit Company B Corp – an innovative startup that reduces the housing emergency by fostering urban regeneration through its network of social impact investors – and Homers S.r.l. Benefit Company – a company involved in the design and implementation of cohousing – have announced the merger of Homers SBrl into Homes4All SBrl.
The goal of the merger of the two companies is to pave the way for new projects in the recovery and enhancement of real estate assets for increasingly inclusive and sustainable cities.
As a reminder, Homes4All is in the process of its third equity crowdfunding round on the WaAreStarting platform, with a goal, already exceeded, of €50,000 for a pre-money valuation of €4.5 million.
Homers is one of the companies that decided to start Homes4All in 2019 to respond to the housing demand of the most fragile individuals through a widespread social housing model.
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The goals of the merger between Homes4all and Homers
Among the reasons for the merger was the realization that the companies’ mission is for all intents and purposes common and complementary.
In fact, the goal is to carry out impact housing experiences i.e., housing projects with a strong impact on the environment and communities such as housing first, social housing and cohousing. The activities carried out will therefore be all the more effective if they are carried out in synergy, thanks to the integration of know-how and specific skills.
Indeed, through the merger, it is believed to pool intangible and tangible resources and enhance the strengths and simultaneously reduce the main weaknesses of the two companies.
In particular, Homers will be able to increase its ability to attract investment and Homes4All will be able to acquire the skills and professionalism in the area of technical real estate development and design as well as the ability to generate new sales.
Homers will remain as a brand of Homes4All specializing in the development of co-housing, while Homes4All will be the reference for the development of other types of impact housing.
The statements of the two companies
“We are excited about the possibilities that will be triggered by this merger project,” comments Giorgio Mosci, president of Homes4All. “We are certain that the nascent entity will see its competencies strengthened so as to multiply the positive effects of its activities on the territory.”
“The two companies have always had as their sole goal to build a community for more livable and welcoming cities,” continues Mario Montalcini, president of Homers and CEO of Homes4All. “On the one hand Homes4All wants to collect real estate and financial resources through a community of investors, and on the other Homers aggregates intentional communities of homemakers. We are confident that together we can experiment with energy-efficient, socially inclusive, and economically sustainable projects that make use of innovative principles such as impact finance.”
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(Featured image by RoadLight via Pixabay)
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First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
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