Market Outlook for Buying a Business:
The financial services industry is undergoing continuous and profound transformation. Banks, insurance companies, asset managers, and other financial service providers in Germany and worldwide are affected. New players such as fintechs and the digitization of processes present new challenges for financial service companies. In this context, the industry’s business models are being critically evaluated. M&A (Mergers & Acquisitions) related transformation steps include acquisitions that enhance future growth capabilities through economies of scale and synergies. Alternatively, divestitures can help optimize operations and realign business models.
Notable Transactions:
- 06/10/2024 – Metzler Pension Management GmbH, a provider of customized corporate pension solutions, acquires Nürnberger Pensionsfonds Aktiengesellschaft, a provider of occupational pension services.
- 05/27/2024 – Bethmann Bank AG, a provider of personalized portfolio management, acquires Hauck Aufhäuser Lampe Privatbank AG, a private bank specializing in comprehensive wealth management.
- 05/27/2024 – Lurse AG, a leading provider of HR and occupational pension solutions, acquires Mensch & Kuhnert GmbH, a financial expert specializing in the valuation and management of pension schemes.
- 01/02/2024 – MRH Trowe, a financial services provider specializing in insurance solutions, acquires ASSPERT Versicherungsmakler GmbH, an insurance broker focused on commercial clients in trade and crafts.