JDC Group AG Acquires Majority Stake in FMK Compare and HVG Hanse

JDC Group AG, through its wholly owned subsidiary Jung, DMS & Cie. AG, has announced the acquisition of 60% of the shares in FMK Compare GmbH and HVG Hanse GmbH. The acquired companies, collectively known as the FMK Group, specialize in digital lead generation and insurance brokerage. The deal aims to enhance JDC's customer engagement and improve the efficiency of its insurance platform.

The acquisition involves a fixed purchase price in the mid-double-digit million euro range and includes earn-out payments in the low-double-digit million euro range. This transaction prompts JDC to adjust its financial forecasts for 2025, anticipating revenues of EUR 260 to 280 million and an EBITDA of EUR 20.5 to 22.5 million. The acquisition will be financed through a EUR 70 million bond issuance, potentially expandable via a Tap Issuance up to EUR 160 million.