CLARK, a portfolio company of Heliad, has announced its acquisition of finanzen Group, one of the leading platforms for lead generation and trading in the European insurance and financial services sectors.
Heliad had invested a mid-single digit million Euro amount in CLARK in July this year and benefits now from a significantly strengthened position of the company in a sizable and promising market.
“We are excited to have become a partner to CLARK. The world-class team of Christopher Oster, Marco Adelt and Chris Lodde is on a clear path to become the largest insurance manager in Europe. As the insurance market has seen little innovation over decades there exists an enormous opportunity for future growth. Through its technology driven and consumer centric solution the company has fundamentally changed the way people access, manage and optimize their insurance situation.” says Falk Schäfers, CEO of Heliad.
“We are very happy to have Heliad as a partner on board. The team has not only relevant experience in the FinTech market but also adds complementary value to our shareholder base through its public capital markets know-how. We are looking forward to a fruitful partnership.” says Christopher Oster, CEO and co-founder of CLARK.
CLARK, the leading insurance manager, offers its customers the opportunity to digitally manage, compare and improve their insurance policies. More than 450,000 customers already benefit from CLARK’s intelligent algorithms and individual expert consultation. CLARK was founded in June 2015 by Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt and Chris Lodde. The insurtech employs a total of more than 350 people at its four corporate locations in Frankfurt am Main, Berlin, Püttlingen and Vienna.
Heliad is a listed investment company with a mission to empower both entrepreneurs and investors. The company invests in market leading companies across various verticals and regions to power their next phase of growth. As a listed company and through our strong team and strategic partners, Heliad can support companies pre, at and post IPO and act as a gateway to public equity capital markets.
Article Source:- https://www.google.com/amp/s/www.marketscreener.com/amp/quote/stock/HELIAD-EQUITY-PARTNERS-GM-5079868/news/Heliad-Equity-Partners-GmbH-Co-KGaA-CLARK-integrates-finanzen-Group-and-becomes-unicorn-36949678/