M&A Deal Summary

FlatexDEGIRO Acquires DeGiro B.V.

On December 16, 2019, FlatexDEGIRO acquired financial services company DeGiro B.V. for 250M EUR

Acquisition Highlights
  • This is FlatexDEGIRO’s 1st transaction in the Financial Services sector.
  • This is FlatexDEGIRO’s 0th largest (disclosed) transaction.
  • This is FlatexDEGIRO’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2019-12-16
Target DeGiro B.V.
Sector Financial Services
Buyer(s) FlatexDEGIRO
Deal Type Add-on Acquisition
Deal Value 250M EUR
Advisor(s) ING Commercial Banking
PwC Corporate Finance LLC (Financial)
Loyens & Loeff (Legal)

Target

DeGiro B.V.

Amsterdam, Netherlands
DeGiro is a pan-European online broker that develops affordable, custom-made financial services for investors worldwide. It has launched online brokerage services in The Netherlands and has expanded across 18 countries and become one of the largest brokers in Europe. The company processes more than €50 billion in transaction value per year and is committed to the safekeeping of investor’s assets. It operates under the behavioral supervision of The Netherlands Authority for Financial Markets (AFM) and the prudential supervision of the Dutch Central Bank (DNB). DeGiro was formed in 2008 and is based in Amsterdam, 1096 HA, Netherlands.

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Buyer(S) 1

Buyer

FlatexDEGIRO

Frankfurt am Main, Germany
Category Company
Founded 1999
Sector Financial Services
Employees1,300
Revenue 371M EUR (2023)
DESCRIPTION

FlatexDEGIRO is a provider of online brokerage services and IT solutions in the areas of finance and financial technology services. FlatexDEGIRO was founded in 1999 and is based in Frankfurt am Main, Germany.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Netherlands) 1 of 1
Year (2019) 1 of 1
Mergr

Product

Company

Legal