Contact Attorney-at-law Nadine Ackermann An der Welle 3, 60322 Frankfurt aM T +49 (69) 247047-74
[email protected] 13 August 2021 POELLATH advises Elvaston on sale of InterEurope AG to VHV Holding AG A fund managed by Elvaston Capital (“Elvaston”) has sold its majority stake in InterEurope AG (“InterEurope”) to the German insurance company, VHV Holding AG (“VHV”). POELLATH ad- vised Elvaston on all matters in connection with the sale. InterEurope is an independent service company that, in particular, settles claims on behalf of insurance companies, with a focus on international motor vehicle claims within the scope of the Green Card system. Through digitalization of complex processes, as well as industry-lead- ing professional expertise, InterEurope offers its customers highly competitive cost structures while still guaranteeing the highest quality standards. Headquartered in Düsseldorf, the com- pany currently employs around 180 people who serve more than 200 customers throughout Europe. The VHV Group, including its core companies VHV Allgemeine Versicherung AG and Hanno- versche Lebensversicherungs AG, is a German company in the insurance, pension and asset management sectors. The VHV Group employs around 3,300 people at numerous locations and serves around 4.9 million customers. The gross premium income earned is EUR 3.5 bil- lion. The company is headquartered in Hanover. With this transaction, the VHV Group contin- ues to pursue its strategy of expanding its successful business areas through proven, insur- ance-related services. Elvaston is an entrepreneur-led investment company that specializes in medium-sized com- panies in German-speaking countries. Elvaston acquires majority stakes and provides equity capital for growth financing.