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03/2025

ALLIANZ / BLACKROCK / T&D HOLDINGS take majority stake in VIRIDIUM GROUP

GERMANY Insurance EV 3b - 100b EUR

Context

The acquisition of Viridium Group by a consortium including Allianz, BlackRock, and T&D Holdings is a strategic move to strengthen the position of these companies in the European life insurance market. The transaction is expected to provide Viridium with a financially secure future, while enabling the consortium members to capitalize on growth opportunities in the fragmented European life insurance market. The deal is subject to regulatory and merger-control approvals, and is expected to close in the second half of 2025. The acquisition is expected to provide Viridium with access to the resources and expertise of the consortium members, enabling the company to continue growing and expanding its business. The transaction is also expected to provide the consortium members with a strong platform for investing in the European life insurance market, and is seen as a strategic move to strengthen their position in this sector.

VIRIDIUM GROUP, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Financial Services sector (13.1x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Viridium Group is a leading European life insurance consolidation platform, specializing in consolidating and managing life insurance portfolios. The company operates as a long-term partner to the European insurance industry, providing a financially secure future for its policyholders. With a strong focus on efficiency and scalability, Viridium has developed a state-of-the-art IT platform, enabling it to capitalize on growth opportunities in the fragmented European life insurance market. The company's business model is centered around generating stable earnings and attractive financial returns for its shareholders, while maintaining a sound financial position. Viridium's insurance business is expected to continue growing, with significant opportunities in Germany and Europe as the business continues to scale.

Ent. Value

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Equity Value

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Multiples

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

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2025
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2024
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REFERENCES

Valuation range: EV 3b - 100b EUR

Revenue range: 1b - 3b EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VIRIDIUM GROUP by ALLIANZ / BLACKROCK / T&D HOLDINGS are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: viridium group

Acquirer: blackrock / allianz / t&d holdings