M&A Deal Summary

wefox Acquires ONE Insurance

On June 26, 2017, wefox acquired insurance company ONE Insurance

Acquisition Highlights
  • This is wefox’s 1st transaction in the Insurance sector.
  • This is wefox’s 1st transaction in Germany.

M&A Deal Summary

Date 2017-06-26
Target ONE Insurance
Sector Insurance
Buyer(s) wefox
Deal Type Add-on Acquisition

Target

ONE Insurance

Germany
ONE Insurance is a fully digital and insurance provider. ONE Insurance was established in 2016 and is based in Germany.

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Buyer(S) 1

Buyer

wefox

Roggwil, Switzerland

Category Company
Founded 2014
Sector Insurance
Employees120
DESCRIPTION

wefox is an insurance platform that enables customers, insurance brokers, and insurance providers to transact and manage insurance products digitally. wefox was established in 2014 and is headquartered in Roggwil, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2017 M&A 1 of 1