European mid-market private equity firm Inflexion is to acquire Finanzen.net Group (Finanzen), a digital broker and market financial information portal in the DACH region, from Axel Springer, in partnership with the company’s founders.
The investment is being made by Inflexion’s Buyout Fund VI and is the second investment in the DACH region after Tierarzt Plus Partner since Inflexion opened its office in Frankfurt earlier this year.
The group consists of three divisions: high-growth low-cost digital investment platform, also known as a neobroker, called Zero, a capital markets information platform called Finanzen.net, and a trading software platform for semi-professional retail investors called TraderFox.
According to a press statement, Inflexion will work with Finanzen.net Group’s founders and management to carve-out the business as a standalone integrated company and support future growth. In particular, Inflexion will support the launch of additional saver and investing products.
This transaction, which will be Inflexion’s sixth carve-out in four years following investments into Marlowe (GRC), GlobalData Healthcare, Curinos, aosphere and Giacom, is subject to customary regulatory approvals.
