
Allegro Venture Partners

Scope Hanson

By acquiring Aboalarm, Volders focuses on its further growth, which can be realized more quickly through synergies with the competitor The now more than 50 employees work consistently on merging technologies, marketing the three brands Volders (volders de), Aboalarm (aboalarm de), and Finlytics (finlytics de), as well as product development around consumers’ personal finances The acquisition enables Volders to bring new B2C products to market faster and to decisively develop the B2B fintech software Finlytics for partners from the banking and insurance sectors
As part of the acquisition, the companies published business figures for the first time: Over 110,000 notices per month are processed, an eight-figure annual revenue, and a monthly positive EBITDA is generated
Jan Hendrik Ansink, founder and CEO of Volders: “Aboalarm is a perfect fit for Volders and the acquisition underscores our stated goal of becoming the leading contract assistant in the German market We see considerable synergy potential in bringing together the experienced teams, strong brands, and established products of the two companies Thus, the acquisition is an important step for our further organic and inorganic growth In addition, we are consolidating the German termination market and will launch additional products around consumers’ personal finances ” The transaction was completed in mid-August The parties agreed not to disclose financial details
More information is to be found here https://volders de
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