Verivox

Verivox GmbH, established in 1998 and headquartered in Heidelberg, Germany, operates as the largest independent consumer portal for energy in the country. It provides an online platform, Verivox.de, where consumers can swiftly and easily compare tariffs for energy, telecommunications, insurance, and finance products, and directly switch to suitable providers. The company also offers a commission-free property search engine and publishes market performance data. Verivox is renowned for its objective and neutral comparisons, as it receives no influence from suppliers and finances its services through agency commissions and advertising. It is majority-owned by Oakley Capital, with the founders Andrew Goodwin and Alexander Preston retaining a minority stake. Verivox is committed to consumer protection, continually updating its comparisons, and advocating for better consumer rights at national and European levels.

4 past transactions

Getsafe - Digital Broker Business

Acquisition in 2018
Getsafe - Digital Broker Business provides digital broker insurance services.

Outbank

Acquisition in 2017
Outbank is a developer of a multi-banking platform that consolidates users' bank accounts and credit cards into a single secure application. The platform aims to simplify personal finance management by offering a variety of features that enhance user experience. Outbank prioritizes financial data privacy and protection through the implementation of on-device data storage and encryption technologies. This approach allows users to conduct financial transactions securely, ensuring their sensitive information remains protected.

Aboalarm

Acquisition in 2017
Aboalarm GmbH, founded in 2008 and based in Munich, Germany, specializes in contract management and cancellation services. The company offers a mobile app that simplifies the process of unsubscribing and revoking contracts with various service providers, including those in the internet, mobile communications, insurance, and streaming sectors. Aboalarm’s platform provides users with cancellation forms and shipping services developed in collaboration with legal experts, ensuring compliance and efficiency. With over 3 million successful terminations, Aboalarm aims to help customers save money by eliminating unnecessary subscriptions and contracts. As of March 31, 2018, Aboalarm operates as a subsidiary of Verivox GmbH and is managed by Bernd Storm and Stefan Neubig, supported by a team of 15 employees dedicated to enhancing user experience. The company serves clients in Germany, Austria, and Switzerland.

TopTarif

Acquisition in 2014
TopTarif.de is an independent price-comparison portal that helps consumers save on energy, financial services, and insurance rates. By offering a user-friendly platform, TopTarif enables individuals to compare various providers and find the best options tailored to their personal needs. Rather than incurring high costs from expensive rates, users can easily conduct comparisons and, if desired, download the necessary forms to switch suppliers. The portal covers a wide range of consumer products and services, including electricity, gas, insurance, internet service providers, and smartphone offers, making it a comprehensive resource for those seeking to optimize their expenses.
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