POELLATH advises Elvaston on sale of InterEurope AG to VHV Holding AG
InterEurope is an independent service company that, in particular, settles claims on behalf of insurance companies, with a focus on international motor vehicle claims within the scope of the Green Card system. Through digitalization of complex processes, as well as industry-leading professional expertise, InterEurope offers its customers highly competitive cost structures while still guaranteeing the highest quality standards. Headquartered in Düsseldorf, the company currently employs around 180 people who serve more than 200 customers throughout Europe.
The VHV Group, including its core companies VHV Allgemeine Versicherung AG and Hannoversche Lebensversicherungs AG, is a German company in the insurance, pension and asset management sectors. The VHV Group employs around 3,300 people at numerous locations and serves around 4.9 million customers. The gross premium income earned is EUR 3.5 billion. The company is headquartered in Hanover. With this transaction, the VHV Group continues to pursue its strategy of expanding its successful business areas through proven, insurance-related services.
Elvaston is an entrepreneur-led investment company that specializes in medium-sized companies in German-speaking countries. Elvaston acquires majority stakes and provides equity capital for growth financing. The portfolio includes succession solutions for entrepreneurs and families, group spin-offs and buy&build concepts in industries with consolidation potential, growth financing via equity capital increases and transactions in listed companies.
POELLATH provided comprehensive legal and tax advice to Elvaston in connection with the sale with the following Munich team:
- Dr. Tim Kaufhold (partner, lead, M&A/private equity)
- Dr. Nico Fischer (partner, tax law)
- Adalbert Makos (counsel, M&A/private equity)
- Nemanja Burgić (senior associate, M&A/private equity)