VHV Group to acquire Eucon from Hg Capital for €140m.

VHV Group, a German insurance group, agreed to acquire Eucon, a business performance management solutions provider, from Hg Capital, a software investor, for €140m. "It has been a real privilege to work with Sven, the founders and entire team at Eucon. Today we part ways after five very productive years of working together. Eucon’s business sits at the intersection of two growth drivers in which Hg has built substantial experience: the value of big data in the automotive sector and the increasing digitalisation of the insurance and real estate industry – and together we have built a great business in these areas. We are delighted that the team will be able to continue this journey with VHV, a true leader in insurance across Germany. We’re also pleased to see the strength of our networks and our track record continue to drive value in small and medium enterprises across Germany," Benedikt Joeris, Hg Director.