M&A

Vestalis and Bechester merge, targeting €25M revenue by 2027

What's the deal? France's VestalisDealroom has a profile for this one. Try Dealroom → has merged with Spain's BechesterDealroom has a profile for this one. Try Dealroom → and French firm Move&RentDealroom has a profile for this one. Try Dealroom → to form a European group specialising in furniture and equipment for the real estate sector. The merger, announced in November 2026, was for an undisclosed value. The new group has more than 40 staff and offices across France and Spain.

What does each bring? Vestalis, founded in 2021, equips more than 4,000 rooms a year for student housing operators, furnished-rental investors, developers, and coliving and senior living platforms. Bechester, also launched in 2021, has delivered over 3,500 projects and furnished more than 10,000 rooms across Spain, France, and Portugal. Move&Rent adds expertise in property rental, installation, asset management, and the circular economy.

What's the endgame? The combined platform targets revenue of about €14 million in 2026 and €25 million in 2027. It will focus on B2B furnishing for flex living, coliving, student housing, senior living, and hospitality, serving developers and operators through a single provider.

Why now? The deal tracks the growth of flex living and student accommodation. In Spain, operational flex living stock neared 12,000 units in October 2026, with another 15,000 planned.

The merger lets clients furnish assets outright or through renting — spreading equipment costs across monthly instalments to avoid large upfront outlays. Bechester had already announced a renting line of up to €10 million with ActyusDealroom has a profile for this one. Try Dealroom → to finance flex living projects.

What's the view? "By uniting our teams, experience and international presence, we can accompany our clients in different countries through a single integrated platform," said Pierre Faure, Vestalis co-founder and chief executive officer.

The signal: The tie-up is a bid for scale in a fragmented, fast-growing European flex living market. Its significance will hinge on whether the group hits its ambitious revenue and expansion targets.

Read more: ejeprime.com

Image credit: Generated with Gemini

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