M&A Deal Summary

Raisin Acquires Deposit Solutions

On July 1, 2021, Raisin acquired financial services company Deposit Solutions from Vitruvian Partners

Acquisition Highlights
  • This is Raisin’s 4th transaction in the Financial Services sector.
  • This is Raisin’s 3rd transaction in Germany.

M&A Deal Summary

Date 2021-07-01
Target Deposit Solutions
Sector Financial Services
Buyer(s) Raisin
Sellers(s) Vitruvian Partners
Deal Type Merger

Target

Deposit Solutions

Hamburg, Germany
Deposit Solutions is a B2B Open Banking platform in the savings deposit space. The company operates deposit marketplaces for over 150 partners, including large institutions such as Deutsche Bank, and connects them with deposit-taking banks from all across Europe. Deposit Solutions was founded in 2011 and is based in Hamburg, Germany.

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Buyer(S) 1

Buyer

Raisin

Berlin, Germany

Category Company
Founded 2013
Sector Financial Services
DESCRIPTION

Raisin is an pan-European deposit marketplace connecting retail customers with banks looking to expand or diversify their deposit reach. Company are available in English across Europe and operate country-dedicated platforms in Germany, France, Spain, and Austria. Raisin was founded in 2013 and is based in Berlin, Germany.


DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 4 of 4
Type (Merger) 1 of 1
Country (Germany) 3 of 3
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 Fairr.de

Berlin, Germany

Fairr.de GmbH is a start-up for pension products through which customers can optimize all three pillars of their retirement savings fully digital through fairr’s cockpit. For this, the application aligns customers personal retirement goals in real-time with their combined claims across the state, corporate, and private retirement savings. To achieve their retirement goals, customers can invest in products specifically designed to be easy to understand, and that combine tax advantages with a scientific investment approach.

Buy -

Seller(S) 1

SELLER

Vitruvian Partners

London, United Kingdom

Category Private Equity Firm
Founded 2006
PE ASSETS 20.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Vitruvian Partners is an independent private equity firm that specializes in middle-market buyouts, growth buyouts and growth capital investments in the UK and elsewhere in Northern Europe. Vitruvian looks for companies that are 'operating in dynamic situations, where there is an opportunity to build strategic value'. The Group's target investment size is €40 to €600 million in transactions valued between €75m to €4bn. Sectors of interest include business services, consumer services, financial services, life science, healthcare services, media, technology, communications, and internet software. Vitruvian Partners was formed in 2006 and is based in London.


DEAL STATS #
Overall 17 of 23
Sector (Financial Services) 2 of 3
Type (Merger) 2 of 3
Country (Germany) 1 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Raisin

Berlin, Germany

Raisin is an pan-European deposit marketplace connecting retail customers with banks looking to expand or diversify their deposit reach. Company are available in English across Europe and operate country-dedicated platforms in Germany, France, Spain, and Austria. Raisin was founded in 2013 and is based in Berlin, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-22 Carasent

Oslo, Norway

Carasent provides cloud based electronic health record solutions to the health care industry in Sweden, Norway, and internationally. Carasent was founded in 1997 and is based in Oslo, Norway.

Buy -