Heliad acquires holding in Jamba Service GmbH


Heliad Equity Partners GmbH & Co. KGaA / Miscellaneous
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++ Heliad acquires holding in Jamba Service GmbH, a leading company in    special insurance field

++ Attractive niche positioning and strong growthractive niche positioning    and strong growth

Heliad, a listed private-equity investment company, has acquired an interest in Jamba Service GmbH ('Jamba Service'), a leading special insurance broker. The former subsidiary of Geneva-based Verisign SA, in which Heliad has acquired a majority shareholding through a subsidiary it has founded especially for this purpose, will be supported by Heliad in its planned future expansion. As a result of this investment by Heliad, the complementary networks of both companies in the telecommunications and financial services markets can be utilised to promote Jamba Service's further development.

Jamba Service offers its customers insurance cover and extended warranties for mobile electronic equipment and products. The company, which is headquartered in Berlin, is supported by a network of more than 500 sales agents. Since its foundation in 2003, the company has acquired more than a million customers and, with profitable growth in excess of 30% a year is one of the fastest growing financial service companies in German-speaking countries.

'Experienced management along with the unique marketing position resulting from close cooperation with leading companies in the insurance and merchandising sectors persuaded us to invest. Jamba Service occupies an extremely attractive niche in the financial services market and is an excellent fit for our portfolio of strongly-growing entrepreneur-managed business models,' states Dr. Dirk Posner, the partner who conducted the transaction for Heliad.

Corporate Finance Partners acted as consultants to the sellers in the transaction, while the buyers were advised by ECP Equity Consulting Partners.

++ About Heliad

Heliad is a publicly listed investment company that focuses on companies in predominantly German-speaking countries that are undergoing a strong growth phase. Heliad invests into established, owner-run business models with sales of between 10 and 100 million Euro. With this strategy Heliad has occupied a highly attractive niche between Venture Capital and large Buyouts. With around 3,750 employees, the current total of 14 companies within Heliad’s portfolio generate combined sales of more than Euro 370 million.

Further information about the company can be found at www.heliad.de.

Contact:
Heliad Equity Partners GmbH & Co. KGaA

Alexander Mitsch
Chief Financial Officer
Tel.: +49 (0) 69 71 91 59 65 28
E-Mail: alexander.mitsch@heliad.de


20.09.2007  Financial News transmitted by DGAP

 
Language:     English
Issuer: Heliad Equity Partners GmbH & Co. KGaA               Grüneburgweg 18
              60322 Frankfurt am Main
              Deutschland
Phone:        +49 (0)69 719 15 965 0
Fax:          +49(0)69 719 15 965 11
E-mail:       info@heliad.de
Internet:     www.heliad.de
ISIN:         DE0006047293
WKN:          604729
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr               in Berlin, München, Stuttgart
 
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