At what enterprise value was HANSEATIC BROKING CENTER (HBC) acquired in 2025?

During the acquisition of HANSEATIC BROKING CENTER (HBC) by BRIDGEPOINT in 2025, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

What was the EV/EBITDA of HANSEATIC BROKING CENTER (HBC) when it was acquired by BRIDGEPOINT?

The estimated EV/EBITDA multiple for HANSEATIC BROKING CENTER (HBC) is in the range of Above 20x.

When was HANSEATIC BROKING CENTER (HBC) acquired by BRIDGEPOINT?

HANSEATIC BROKING CENTER (HBC) was acquired by BRIDGEPOINT in 2025.

What was the revenue of HANSEATIC BROKING CENTER (HBC) at the time of the deal?

The revenue of HANSEATIC BROKING CENTER (HBC) at the time of the deal is estimated to be in the range of 50M - 100M EUR.

What was the EBITDA of HANSEATIC BROKING CENTER (HBC) during the acquisition?

HANSEATIC BROKING CENTER (HBC)'s EBITDA is estimated to be in the range of 5M - 25M EUR.

How is the data for the HANSEATIC BROKING CENTER (HBC) 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 HANSEATIC BROKING CENTER (HBC) 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.bloomberg.com/news/articles/2025-07-29/bridgepoint-to-buy-majority-stake-in-german-insurance-broker-hbc?srnd=phx-deals&embedded-checkout=true

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Home Database Financial ServicesHANSEATIC BROKING CENTER (HBC)

07/2025

HANSEATIC BROKING CENTER (HBC) acquired by BRIDGEPOINT

GERMANY Brokerage EV 500M - 1.5b EUR

Context

Bridgepoint has agreed to acquire a majority stake in Hanseatic Broking Center (HBC) from Preservation Capital Partners (PCP). The founders will remain significantly invested and continue to lead the group. Since its inception under PCP’s ownership in 2022, HBC has undergone a period of hyper-growth, quadrupling its EBITDA through 15 strategic acquisitions (e.g., LTA, Schomacker, and Schinner). The strategic rationale for Bridgepoint is to accelerate HBC’s expansion within the DACH region and further develop its MGA capabilities. The deal highlights the high demand for specialized insurance intermediaries in Germany’s €37 billion SME premium market, where MGA distribution is forecast to grow at 15% annually.

HANSEATIC BROKING CENTER (HBC), which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level than the average currently observed in the Financial Services sector (12.5x).

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Target

HBC is a leading owner-managed platform for insurance distribution in the DACH region. Its business model uniquely combines traditional commercial brokerage with Managing General Agent (MGA) services, allowing it to act as both an intermediary and an underwriter for specialized risks. The company’s value proposition centers on providing SMEs and high-net-worth individuals with expert advice in niche segments including marine (yacht), travel, cyber, and construction insurance. Strategically, HBC operates a highly digitalized platform serving over 40,000 customers with a managed premium volume exceeding €600 million. By consolidating 15 bolt-on acquisitions in just three years, HBC has built an "ecosystem" that addresses the fragmented German SME insurance market, the largest in Europe.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2025

2024

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REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 50M - 100M EUR

EBITDA range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of HANSEATIC BROKING CENTER (HBC) by BRIDGEPOINT are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: bridgepoint