Acierto's Return to Brggemann Co-founders Sparks Excitement in Spain's Online Comparison Market
Deal News | Dec 09, 2024 | Finance Community ES 2 - Corporate M&A
In a strategic financial advisory capacity, Arcano Partners has played a pivotal role in facilitating the sale of Acierto.com, a leading Spanish online comparison platform, to its original co-founders, Carlos and Mario Brggemann. Originally founded over 15 years ago, Acierto.com aids customers in Spain in saving both time and money on insurance and loans. This acquisition represents a homecoming for the Brggemann brothers, who express a strong commitment to continue the platform's mission and success within the Spanish market. The transaction remains subject to regulatory approval, with financial terms undisclosed. The Arcano Investment Banking team, led by Juan Venegas with key roles played by Rodolfo Molina Cubillo, Iván García Portillo, and Ignacio Adelantado, provided the expert guidance necessary for this transaction.
Sectors
- Financial Services
- Media and Entertainment
Geography
- Spain – Acierto.com is a Spanish company and the transaction primarily involves Spanish stakeholders.
- Germany – Bauer Media Group, a multinational media company involved in the deal, is based in Germany.
Industry
- Financial Services – Acierto.com operates as an online comparison platform providing cost-saving opportunities for insurance and loans, making it a part of the financial services sector.
- Media and Entertainment – Bauer Media Group, which is selling Acierto.com, is primarily involved in the media and entertainment industry.
Financials
- – The financial terms of the transaction between Bauer Media Group and the Brggemann brothers for Acierto.com were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arcano Partners | Financial Advisor | Companies | Arcano Partners acted as the financial advisor for Bauer Media Group in the sale of Acierto.com. |
| Acierto.com | Target Company | Companies | Acierto.com is a leading Spanish online comparison platform involved in the sale. |
| Bauer Media Group | Vendor | Companies | Bauer Media Group is the seller in the transaction of Acierto.com. |
| Carlos Brggemann | Buyer/Co-Founder | People | Co-founder and one of the buyers acquiring Acierto.com. |
| Mario Brggemann | Buyer/Co-Founder | People | Co-founder and one of the buyers acquiring Acierto.com. |
| Juan Venegas | Managing Director | People | Managing Director involved from Arcano Investment Banking team. |
| Rodolfo Molina Cubillo | Vice President | People | Vice President from Arcano Investment Banking team involved in the transaction. |
| Iván García Portillo | Associate | People | Associate from Arcano Investment Banking team involved in the transaction. |
| Ignacio Adelantado | Analyst | People | Off-cycle analyst from Arcano Investment Banking team involved in the transaction. |