The new company Bilthouse creates a leading group for mortgage brokerage, generating a combined mortgage financing volume of around EUR five billion, teaming up to 700 people. Private Equity investor Nordic Capital will actively support Bilthouse as majority shareholder with its sector expertise as well as additional growth capital of EUR 30 million.
The financial services providers Baufi24 Baufinanzierung AG, Hüttig & Rompf AG and Creditweb GmbH are joining forces under the umbrella of the new Bilthouse Group. Nordic Capital, a leading private equity investor, will become the majority shareholder of Bilthouse. Nordic Capital will, in partnership with the founders and the management, actively support the new company’s growth, drawing on its experience from previous investments in financial services providers and comparison websites. Alongside its initial investment in the company, Nordic Capital will provide an additional primary capital investment of EUR 30 million to the new holding company, which will help Bilthouse combine and grow its strong online and offline capabilities to create clear value-add for end customers. From the start, Bilthouse will be one of the leading players in the German B2C segment for mortgage brokerage.