Hg led a majority investment in Fonds Finanz.

Hg, a private equity firm, led a majority investment in Fonds Finanz, a finance broker firm. Financial terms were not disclosed. “Fonds Finanz occupies a central position in the insurance eco-system across Germany. Over the last decade we’ve got to really know this sector and we instantly recognised Fonds Finanz as a high value-add channel for insurance companies. We’re really excited to support Fonds Finanz on its journey, not least because we think technology will play an ever increasing role for the business going forward,” Benedikt Joeris, Hg Director.