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Liedekerke assisted Cohabs, specialising in coliving, in its EUR 58m Series-B capital round

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19/05/2021

Liedekerke assisted Belgian start-up Cohabs, specialising in residential projects for young professionals, in a successful Series-B debt and equity financing round.

The financing consortium for this Series B equity funding round was led by AG Real Estate, with further financing from Alphastone, Federal Assurance and finance.brussels. The funding will fuel the next growth phase and will enable further international expansion. With this new funding, Cohabs,which has already more than 600 rooms in Brussels, will be able to further develop its foreign expansion. Prior to this transaction, the start-up raised EUR 15m in its Series-A funding round in October 2019.
Liedekerke’s corporate and finance team was mainly composed of Celine TallierSylvain GueretNicolas Moschopoulos and Jacques Meunier.

Tandem Capital Advisors and Natixis Partners acted as Cohabs’ exclusive M&A advisors.

Jacques Meunier commented: “It has been a true pleasure to work with Cohabs’ management team on this project. They are very energetic, focused, efficient and, last but not least, nice and funny. We are proud to have been able to assist them in achieving this key milestone for Cohabs’ future development. We also enjoyed this excellent second collaboration with Tandem Capital in less than 12 months”.

Youri Dauber and François Samyn (CEO and CFO of Cohabs) stated: “The quality, the responsiveness and the creativity of the Liedekerke’ team that assisted us on this project have been phenomenal. This round has been a rocky road for us for the last few months but thanks to the extensive work of Liedekerke and Tandem Capital, we’ve been able to raise a massive round of funding for such a young company.