Zig expands towards Germany with the acquisition of Doozer Real Estate Systems GmbH

Doozer supports its customers in the full renovation processes, including mapping, managing, and overseeing workflows and connecting property managers with craftsmen. The acquisition highlights the first step in Zig’s internationalization strategy. This strategic combination is backed by Main Capital Partners.

Doozer is a German property management software vendor that offers a digital platform used by property managers to digitally map, initiate and oversee the renovation processes of their properties. The software maximizes efficiency, streamlining and optimizing vacancy management during the re-letting process. This is beneficial for tenants, for whom availability of apartment is realized swifter, as well as landlords who optimize rental income and operations. The company is located in Berlin, Germany and was founded in 2014 by Nicholas Neerpasch and is managed today by him and Carsten Petzold). Doozer’s key customers are asset managers, property managers and craftsmen. Doozer serves blue-chip commercial real estate companies such as LEG, Adler and degewo. At the end of last year, Doozer hit the goal of 1 billion in commissioned construction volume. A total of 170k apartments have been refurbished via Doozer so far.

The acquisition of Doozer marks a significant first step in Zig’s internationalization strategy and following the transaction Zig now has a strong and talented local team for further German expansion, leveraging Zig’s expertise and best practices.  The management team of Doozer will remain on board with full commitment to the company. Simultaneously, Zig will also remain its focus on its home market, the Netherlands, with a sustained focus on unburdening customers and helping them thrive through smart software solutions.

Anton Vreugdenhil, CEO of Zig, comments: “We are delighted to announce the combination between Zig and Doozer. Doozer has gained a strong position within the German commercial real estate market through its innovative solutions that support customers in the renovation process. A certain number of Zig’s solutions can be additionally offered to German customers, enabling us to offer more complete product offerings. Zig’s strategy is to support customers’ rental and maintenance processes as integrally as possible, thereby avoiding frictions and inefficiencies. This fits perfectly with Doozer’s image and objectives.”

Nicholas Neerpasch, founder and MD Doozer adds: “We are excited for what’s ahead. We can learn a lot from the Zig Group’s many years of experience and thus quickly develop to the next level. The combination results in a company that can support its customers in all core processes around property management.”

Sjoerd Aarts, Partner at Main & Chairman Supervisory Board Zig concludes: “The broader PropTech market is a key product market for Main. The acquisition of Doozer opens a completely new end-market for Zig in Germany, whilst bolstering our commercial real estate sector footprint. The acquisition marks the fourth strategic acquisition since we partnered with Zig in late 2021. The move strengthens the foundation of the company; therefore, we look with great confidence towards the future to further fulfill our growth ambitions in the PropTech sector.”