Industry News

Germany’s Scout24 purchases FINANZCHECK.DE for €285 million cash

By Editor 0 Comments NEWS, Industry News

Scout24 AG, a leading operator of digital marketplaces focusing on German as well as other selected European countries' real estate and automotive sectors, recently announced it will acquire all shares of FFG FINANZCHECK Finanzportale GmbH (FINANZCHECK.de), a German online comparison portal for consumer loans.

FINANZCHECK.de will be acquired from Acton Capital Partners, btov Partners, Highland Europe, HarbourVest Partners and FINANZCHECK.de’s founder and CEO, among other selling shareholders for €285 million in cash.

With more than 1200 employees, Scout24’s leading digital marketplaces ImmobilienScout24 and AutoScout24 operate in Germany and across Europe. Based in Hamburg, FINANZCHECK.de is one of Germany’s leading independent, tech-enabled consumer financing platforms that connects consumers with product providers across any channel.

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