M&A Deal Summary

VHV Vereinigte Hannoversche Versicherung a.G. Acquires InterEurope

On August 10, 2021, VHV Vereinigte Hannoversche Versicherung a.G. acquired business services company InterEurope from Elvaston Capital Management

Acquisition Highlights
  • This is VHV Vereinigte Hannoversche Versicherung a.G.’s 2nd transaction in the Business Services sector.
  • This is VHV Vereinigte Hannoversche Versicherung a.G.’s 3rd transaction in Germany.

M&A Deal Summary

Date 2021-08-10
Target InterEurope
Sector Business Services
Buyer(s) VHV Vereinigte Hannoversche Versicherung a.G.
Sellers(s) Elvaston Capital Management
Deal Type Add-on Acquisition

Target

InterEurope

Düsseldorf, Germany
InterEurope is an independent, privately owned service provider that settles claims on behalf of insurance companies. The company primarily deals with claims related to mobility (motor vehicle liability, transport, collision claims, recovery). InterEurope is able to provide outstanding trans-European advice to its insurer clients. InterEurope is based in Düsseldorf, Germany.

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Buyer(S) 1

Buyer

VHV Vereinigte Hannoversche Versicherung a.G.

Hannover, Germany

Category Company
Founded 1937
Sector Insurance
DESCRIPTION

VHV Vereinigte Hannoversche Versicherung a.G. is an insurance holding company provides various types of third party insurance on private and commercial level, ranging from ordinary damage, and accident insurance services.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Germany M&A 3 of 3
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-06 Eucon

Münster, Germany

Eucon GmbH is a provider of auto-parts pricing data and insurance claims management services. Eucon has comprehensive market data and in-depth expert knowledge and combines this expertise with cutting-edge technologies such as Artificial Intelligence and Robotic Process Automation to create intelligent automation solutions. Eucon was founded in 1997 and is based in Münster, Germany.

Buy -

Seller(S) 1

DESCRIPTION

Elvaston Capital Management is an entrepreneur-led private equity firm, specializing in small to medium-sized companies located within the German-speaking region. Elvaston takes a straightforward, individual approach to guiding profitable companies operating in growth industries towards long-term value growth.


DEAL STATS #
Overall 5 of 7
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 5 of 6
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 perbit

Altenberge, Germany

perbit is a provider of HR software solutions in the area of ​​personnel management. The company offers something for every customer requirement with tailor-made, highly personalized individual solutions through to web and cloud-based standard solutions and is therefore independent of industry and customer sizes. The perbit solution seamlessly covers the employee lifecycle, from recruiting to on-boarding and personnel development to the digital personnel file and the employee portal, thus enabling efficient HR management. perbit was founded in 1983 and is based in Altenberge, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Docufy

Bamberg, Germany

Docufy is a provider of component content management systems (CCMS). The company offers its more than 800 customers worldwide from numerous industries such as mechanical and plant engineering, healthcare and automotive a comprehensive product range in the areas of information management and technical documentation through the DOCUFY Suite. Docufy was founded in 1998 and is based is Bamberg, Germany.

Buy -