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Announced

Completed

Ageras Group completed the acquisition of Kontist.

Financials

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

Tags

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Private

Single Bidder

Acquisition

Completed

Majority

Banks

Cross Border

Germany

neo-banking

Friendly

Synopsis

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Ageras Group, a financial marketplace for accounting, bookkeeping and tax preparation services, completed the acquisition of Kontist, a neo-bank. Financial terms were not disclosed. “This acquisition is a critical step in Ageras’ growth. Kontist has created the best product in Europe’s largest market. It’s a one-stop financial shop for approximately 50k German small business owners today, and it’s perfectly positioned to become the go-to financial platform for future generations of small business owners in need of modern banking and accounting tools,” Rico Andersen, Ageras Co-founder and CEO.

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