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Announced

Scout24 to acquire FFG FINANZCHECK Finanzportale for £254m.

Financials

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Transaction Value£254m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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consumer finance platform

FinTech

Germany

Private

Acquisition

Pending

Friendly

Single Bidder

Majority

Private Equity

Synopsis

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Scout24, an operator of digital marketplaces specializing in the real estate and automotive sectors, agreed to acquire FFG FINANZCHECK Finanzportale, a German online comparison portal for consumer loans, for £254m ($312m). “We are happy to have Scout24 on board as our new parent company. This new union builds on an already very good working relationship on the back of our long-running affiliate-partnership. I am confident we will both profit from this new partnership and that it will further bolster our already strong growth path in the German fintech industry,” Moritz Thiele, FINANZCHECK CEO and Founder.

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