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
End of News DGAP News-Service