Investment Summary

Augur Capital Exits cash.life

On March 14, 2022, Policen Direkt invested in insurance company cash.life from Augur Capital

Investment Highlights
  • This is Policen Direkt’s 1st transaction in the Insurance sector.
  • This is Policen Direkt’s 1st transaction in Germany.

Investment Summary

Date 2022-03-14
Target cash.life
Sector Insurance
Investor(s) Policen Direkt
Sellers(s) Augur Capital
Deal Type Stake Purchase

Target

cash.life

Frankfurt am Main, Germany
cash.life is a provider of professional financial solutions for customers in terms of policy valuation, policy sales, and policy loans. cash.life repurchases whole life insurance policies as investments and offers insurance brokerage and back-office services to independent financial service providers and banks. cash.life was founded in 1984 and is based in Frankfurt am Main, Germany.

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Investor(S) 1

Investor

Policen Direkt

Frankfurt am Main, Germany

Category Company
Founded 2004
Sector Insurance
DESCRIPTION

Policen Direkt offers end customers comprehensive digital insurance solutions from needs analysis to claims settlement. The group also acquires established insurance brokers and broker portfolios in succession situations. Policen Direkt was founded in 2004 and is based in Frankfurt am Main, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1

Seller(S) 1

SELLER

Augur Capital


Category Private Equity Firm
Founded 2003
PE ASSETS 327M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Augur Capital AG is a private equity firm that focuses on investments in banks, insurance, and other financial service companies headquartered in Europe. The Firm looks to invest in mid-sized companies with a transaction value of between €10 - €100 million. Prospective transaction situation includes MBOs, MBIs ,and spin-offs. Augur Capital AG was formed in 2004 and is based in Frankfurt.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 2 of 2
Type: Stake Purchase M&A Deals 1 of 1
Country: Germany M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 DARAG Group

Hamburg, Germany

DARAG Group is a privately held insurance company that specializes in taking inactive or discontinued (run-off) businesses from direct insurers and reinsurers. DARAG Group was founded in 1949 and is based in Hamburg, Germany.

Sell -