At what enterprise value was HEIDELBERGER LEBEN acquired in 2013?

You can find the full valuation details of HEIDELBERGER LEBEN on mynth capital. The transaction's Enterprise Value is estimated to be in the range of 300M - 700M EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Financial Services industry currently tracks an average EBITDA multiple of 13.9x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of HEIDELBERGER LEBEN when it was acquired by CINVEN?

The exact EV/EBITDA multiple for HEIDELBERGER LEBEN is available on mynth capital. For comparison, the Financial Services sector currently shows an average EBITDA multiple of 13.9x. Join our community for free to access full valuation data and industry trends.

When was HEIDELBERGER LEBEN acquired by CINVEN?

HEIDELBERGER LEBEN was acquired by CINVEN in 2013.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the HEIDELBERGER LEBEN acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the HEIDELBERGER LEBEN deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.cinven.com/news-insights/cinven-acquires-heidelberger-leben/

← DATABASE

Home Database Financial ServicesHEIDELBERGER LEBEN

08/2013

CINVEN

takes majority stake in

HEIDELBERGER LEBEN

GERMANY Insurance EV 300M - 700M EUR

CINVEN takes majority stake in HEIDELBERGER LEBEN

GERMANY Insurance EV 300M - 700M EUR

Context

Cinven has announced the acquisition of a majority stake in Heidelberger Leben, a specialist provider of life and retirement insurance products in Germany. This acquisition will create the first consolidation platform for life insurance portfolios in Germany. Heidelberger Leben will be acquired from Lloyds Banking Group for a total consideration of approximately 300 million euros. The company has a portfolio of around 600,000 policies and employs approximately 300 people. This acquisition is part of Cinven's strategy to create consolidation platforms in the life insurance sector in Europe. The transaction is subject to the approval of BaFin.

HEIDELBERGER LEBEN, which reported an EBITDA margin of LOGIN in 2013, 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 (13.9x).

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

Heidelberger Leben is a specialist provider of life and retirement insurance products in Germany, offering a range of unit-linked products. Founded in Germany, the company has a portfolio of around 600,000 policies and employs approximately 300 people. Heidelberger Leben is a partner to MLP AG for a significant portion of its portfolio, thereby benefiting from a solid position in the German life insurance market. With an experienced management team, the company focuses on improving customer service and establishing a consolidation platform for life insurance portfolios in Germany. Heidelberger Leben is well-positioned to capitalize on market trends, including the consolidation of the life insurance sector and the search for efficient portfolio management solutions.

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Valuation range: EV 300M - 700M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HEIDELBERGER LEBEN by CINVEN are reserved for mynth community members. Register for free to unlock full data.

Authors: 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: heidelberger leben

Acquirer: cinven