Frankfurt office represents Scout24 in its acquisition of FINANZCHECK.de, one of Germany’s leading consumer finance platforms.
On July 18, Willkie client Scout24 AG, a leading operator of digital marketplaces specializing in the real estate and automotive sectors in Germany and other selected European countries, announced its agreement to acquire all shares of FFG FINANZCHECK Finanzportale GmbH (FINANZCHECK.de), a German online comparison portal for consumer loans. Scout24 agreed to acquire FINANZCHECK.de 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.
The Willkie deal team was led by partner Dr. Maximilian Schwab and included partner Susanne Zuehlke and national partner Dr. Christian Rolf.