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07/2025Majority

Bridgepoint takes majority stake in Hanseatic Broking Center

GERMANY Brokerage EV €500M–1.5bn

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.

The acquisition of Hanseatic Broking Center is part of the growth strategy of Bridgepoint, which already has several external growth operations under its belt, notably Argon & Co in 2025.

Hanseatic Broking Center, which reported an EBITDA margin of [members only] in 2025, is valued in this transaction at an EV/EBITDA multiple of Above 20x.

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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

€500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

Above 6x

EV / EBITDA

Above 20x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
€50–100M
€5–25M
[members only]
2024
€50–100M
€5–25M
[members only]

Other operations with Bridgepoint

Other operations with Bridgepoint
DateAcquirerTargetCountrySector
02/2026BRIDGEPOINT / POLARIS PRIVATE EQUITYPDSVISION GROUPSWEDENConsulting & Integration
01/2026BRIDGEPOINTINTERPATHUNITED KINGDOMAccounting & Audit
07/2025BRIDGEPOINTMYDENTISTUNITED KINGDOMDental Centers
06/2025BRIDGEPOINTARGON & COFRANCEStrategy & Management
06/2025BRIDGEPOINTNMI GROUPNETHERLANDSTIC (Testing, Inspection, Certification)
05/2024BRIDGEPOINTLUMAPPSFRANCECollaboration & Productivity
04/2024BRIDGEPOINTEVORIELFRANCEProperty Management
03/2023BRIDGEPOINTMONICA VINADERUNITED KINGDOMWatches & Jewelry
02/2023BRIDGEPOINTEQUATIVFRANCEAdTech
01/2022BRIDGEPOINTSPARTFIN (PARTNERS FINANCE)FRANCEConsumer Credit

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REFERENCES

Valuation range: EV €500M–1.5bn

Revenue range: €50–100M

EBITDA range: €5–25M

EV/Revenue range: Above 6x

EV/EBITDA range: Above 20x

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 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.

FAQ

What transaction does this page cover?

This page covers the acquisition of a majority stake in Hanseatic Broking Center, a German company specialised in Brokerage, by Bridgepoint in 2025.

How was the acquisition of Hanseatic Broking Center by Bridgepoint valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €500M–1.5bn band, its EV/EBITDA multiple within the Above 20x range, and its EV/revenue multiple within the Above 6x range. Exact figures are available to members.

What were Hanseatic Broking Center’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Hanseatic Broking Center generated annual revenue estimated in the €50–100M range and EBITDA in the €5–25M bracket (FY 2025). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.