bpv Huegel advises ISS Austria on the acquisition of the family-owned Franye group

19 December 2025. bpv Huegel advised ISS Austria, which is part of the international ISS Group and the domestic market leader for facility services, on the acquisition of the Austrian Franye group. Focusing on air conditioning and building technology, the group generated revenues of around EUR 25 million in the 2024 financial year and employs approximately 150 people.

A bpv Huegel team led by Thomas Lettau (Partner and Co-Head of the Corporate/M&A department) conducted the legal due diligence for ISS Austria. The team also assisted with structuring the transaction and negotiations, prepared the transaction documents, and advised on the merger control aspects of the transaction.

bpv Huegel regularly advises ISS Austria on M&A transactions, most recently on the acquisition of med-serv gmbh, a company specialising in infrastructural facility management in healthcare facilities.

Press release