M&A Deal Summary

Preservation Capital Partners Acquires Hanseatic Broking Center

On July 29, 2022, private equity firm Preservation Capital Partners acquired insurance company Hanseatic Broking Center

Acquisition Highlights
  • This is Preservation Capital Partners’ 3rd transaction in the Insurance sector.
  • This is Preservation Capital Partners’ 1st transaction in Germany.

M&A Deal Summary

Date 2022-07-29
Target Hanseatic Broking Center
Sector Insurance
Buyer(s) Preservation Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Hanseatic Broking Center

Hamburg, Germany
Hanseatic Broking Center (HBC) is a provider of insurance services for corporate clients in Germany. Hanseatic Broking Center is based in Hamburg, Germany.

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Buyer(S) 1

DESCRIPTION

Preservation Capital Partners is a private equity firm focused on growth investments in financial technology and services companies across Europe. The Firm partners with management teams in expanding companies with defensible market positions and high barriers to entry. Preservation considers both minority and majority positions, with a typical equity investment of £50 to £150 million. Preservation Capital Partners was founded in 2017 and is headquartered in London, England.


DEAL STATS #
Overall 4 of 7
Sector (Insurance) 3 of 4
Type (Buyout (LBO, MBO, MBI)) 1 of 2
Country (Germany) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Parmenion

Bristol, United Kingdom

Parmenion is a provider of technology solutions and discretionary fund management (DFM) services to adviser firms and savers in the UK. Parmenion was founded in 2007 and is based in Bristol, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-03 Saltus

London, United Kingdom

Saltus is a financial planning and investment management firm that provides a client-centric advice model, differentiated investment solutions, tech-savvy operational execution, and a sophisticated acquisition and integration strategy that achieves high levels of vertical integration. It adopts an engaging partnerships style with a high level of ownership and participation of management, advisers, and working members, making the firm an ideal home for ambitious wealth management practitioners to achieve professional development and high levels of client service. Saltus is based in London.

Buy -