M&A Deal Summary

Bilthouse Acquires Creditweb

On April 5, 2022, Bilthouse acquired financial services company Creditweb

Acquisition Highlights
  • This is Bilthouse’s 3rd transaction in the Financial Services sector.
  • This is Bilthouse’s 3rd transaction in Germany.

M&A Deal Summary

Date 2022-04-05
Target Creditweb
Sector Financial Services
Buyer(s) Bilthouse
Deal Type Add-on Acquisition

Target

Creditweb

Köln, Germany
Creditweb specialized in providing retail mortgage financing to customers. The company determines the best conditions for real estate projects on the basis of more than 400 offers from local and nationwide banks. Creditweb was formed in 2014 and is based in Köln, Germany.

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Buyer(S) 1

Buyer

Bilthouse

Hamburg, Germany

Category Company
Founded 2022
Sector Financial Services
Employees380
DESCRIPTION

Bilthouse is a German group for mortgage brokerage, whose products create added value for people seeking real estate financing. Bilthouse was founded in 2022 and is based in Hamburg, Germany.


DEAL STATS #
Overall 3 of 3
Sector: Financial Services M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 3 of 3
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 Baufi24

Hamburg, Germany

Baufi24 is a retail mortgage financing intermediary that stands for smart, innovative real estate financing. With its innovation-driven business model, the company compares the offers of more than 500 banks, insurance companies, and building societies for its customers. The aim is to provide transparency for interest rate conditions and to enable quick loan approvals. Baufi24’s offer also includes support in the property search, free property valuation and a financing certificate. Its digital offering is combined with 80 local branches for personal advice on site as well as via video. The Baufi24 Group includes the consumer offerings Baufi24, Kredit24 and LoanLink24 as well as the B2B company FinLink. Baufi24 was founded in 2006 and is based in Hamburg, Germany.

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