Casavo, the scale-up that operates the all-in-one property platform enabling agents to transform the way people buy and sell homes in Europe, has acquired Casando Agency, an Italian estate agency with a network of over 60 agents across major cities.
Building on the path set out in 2023, this initiative represents a key milestone in Casavo’s business plan, which is centred on a digital model of a direct network of agents.
Founded by entrepreneurs with decades of experience in the sector, Casando Agency, through its network of over 60 staff members, operates in the top 10 Italian cities, six of which are not yet covered by the Casavo network, thereby helping to expand the group’s geographical reach.
The integration of the two companies will create value for estate agents through Casavo’s technology and brand, including by leveraging its distinctive ‘Instant Offer’ service, which enables homes to be sold within 30 days.
“We are delighted to announce this transaction, which forms part of a broader evolution aimed at building an integrated, technologically advanced ecosystem capable of helping estate agents boost productivity and business opportunities, reducing complexity and costs, and offering customers an even smoother buying and selling experience,” said Victor Ranieri, general manager and co-founder of Casavo, in a statement – “We have found a strong cultural alignment, based on a results-oriented approach and the belief that building a high-performing national network requires combining corporate stability and technological innovation with an understanding of the local area and the social fabric.”
“This transaction enables us to accelerate our already well-established European vision, building on Casavo’s presence in France and the support of its solid investor base,” adds Charlie Cinolo, co-founder of Casando Agency – Casavo’s positioning also stands out thanks to its ‘Immediate Offer’, a service unique on the Italian market, and proprietary technology that enables rapid innovation, alongside managerial and financial expertise that complements and enhances our operational experience in managing a direct network of agents.”
In 2026, Casavo aims to significantly accelerate its growth trajectory, with the goal of doubling its network of agents – from around 200 to over 400 across Italy and France – expanding into 20 new urban areas and maintaining its path of economic and financial sustainability.
Casavo aims to achieve revenues of over €50 million by 2030, with a growth strategy based both on the organic expansion of its own agent network and on the integration of other estate agency networks that complement the Casavo ecosystem.
A key role will be played by the expansion of the Immediate Offer service, which will be revamped in 2025 as an evolution of the instant buying model. Unlike in the past, this service is provided in a way that generates returns for property investors, representing a unique proposition on the market for all stakeholders.
In support of its 2026–2030 business plan, Casavo has completed a capital increase of over €12 million, thereby significantly strengthening its financial position. The transaction was backed by the majority of shareholders, including Project A, Picus Capital, EVRG 18 and Salica Investments, and saw the entry of selected new investors.
“We are convinced that the property brokerage market in Europe is heading towards a phase of consolidation, driven by a shift in the operating model from franchising to a direct network and by the impact of artificial intelligence on agents’ productivity,” says Giorgio Tinacci, founder and CEO of Casavo (pictured here with members of the two companies’ teams). “In this landscape, Casavo is ideally placed to bring together networks of estate agents: we can rely on proprietary technology scalable to thousands of transactions, on industrial and financial expertise gained in the sector across multiple European markets over the last eight years, and on a synergistic commercial offering.”
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