Yellow Hive Acquires German Broker FVB from HDI Deutschland

October 29, 2024

Yellow Hive, the IK Partners-backed insurance broker and employee benefits platform, has agreed to acquire German insurance broker FVB from HDI Deutschland AG to enter the German market and achieve national coverage across Germany and the Netherlands. The FVB management structure will largely remain in place, with founder Thomas Schallenberg joining as an advisor; closing is expected by year-end subject to German merger clearance. The acquisition is intended to accelerate Yellow Hive's organic and acquisitive growth in Germany and support further add-on activity.

Buyers
Yellow Hive, IK Partners
Targets
FVB
Sellers
HDI Deutschland AG
Platforms
Yellow Hive
Industry
Insurance
Location
Lower Saxony, Germany
Transaction Type
Addon

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