HBC Strengthens National Market with RAM Partnership
Deal News | Jan 14, 2025 | Preservation Capital Partners
HBC Group has expanded its market presence in Germany by partnering with Remstal Assekuranz Maklerservice GmbH (RAM). This strategic alliance aims to strengthen both entities' standing in the insurance and financial services sectors, focusing on large and medium-sized commercial clients. Founded in 2010, RAM is a premier brokerage firm with expertise in various insurance solutions and financial services, employing a team of 40. With this integration, HBC and RAM aim to offer comprehensive customer support by leveraging their shared commitment to regional expertise and high-quality solutions. The collaboration will enhance HBC's product and service range for both commercial and private clients, as remarked by Hauke Martinsen, CEO of HBC GmbH, and Hans-Jörg Stängle of RAM.
Sectors
- Insurance
- Financial Services
Geography
- Germany – Both HBC and RAM are operational in Germany and the partnership aims to strengthen their market presence in the region.
Industry
- Insurance – The article discusses a partnership between HBC Group and RAM, focusing on expanding insurance services.
- Financial Services – Both HBC and RAM are involved in providing financial services, particularly targeting large and medium-sized commercial clients.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| HBC Group | Bidding Company | Company | A company focused on insurance and financial services targeting commercial clients in Germany. |
| Remstal Assekuranz Maklerservice GmbH (RAM) | Target Company | Company | A leading local brokerage group in Germany offering specialized insurance and financial solutions. |
| Preservation Capital Partners | PE Firm | Company | The Private Equity firm backing the partnership between HBC and RAM. |
| Hans-Jörg Stängle | Representative of RAM | Person | Represents RAM in announcing the partnership and its strategic goals. |
| Hauke Martinsen | CEO of HBC GmbH | Person | CEO of HBC Group, comments on the strategic vision and benefits of the partnership with RAM. |