Dear Investors, Pfaeffikon, June 2018
Partners and Friends of Ufenau Capital Partners,
we are pleased to announce that Fair Damage Control Holding (“FDC”) has acquired Repair Concepts.
Repair Concepts with its service centre in Rheinbach (Rhineland-Palatinate) is a strongly growing service provider for claim handling and repair services for insurance companies. The company provides its services nationwide with a focus on repair-assistance-services, on-site assessments, expert reports, document check as well as regulation for claims related to damages of properties. Repair Concepts handles around 60’000 claims per year with more than 100 employees and serves more than 120 renowned insurance companies in Germany.
After acquiring E.Via and FTS Preischel in 2016, Repair Concepts represents the third acquisition of FDC. Due to the recent acquisitions, the Group could further strengthen its market leading position in Germany. In total, FDC budgets sales of more than EUR 35 million in 2018 and employs now 250 people.
Peter Becker, Managing Director of Repair Concepts: “We are pleased to have found with FDC a partner with the profound understanding of the insurance market who supports the objectives and strategy of Repair Concepts. We see the partnership with FDC as foundation for a sustainable and long-term development of our organization.”
Hubertus Marx, CEO of FDC, adds: “I am pleased that we have succeeded in further expanding the market position of FDC in Germany with the acquisition of the well-established and renowned Repair Concepts Group. The acquisition allows us to offer to our customers an even wider range of services.”
Sincerely, your Ufenau Team
About Ufenau Capital Partners
Ufenau Capital Partners is a privately owned Swiss Investor Group headquartered at the Lake Zurich which advises private investors, family offices and institutional investors with their investments in private equity. Ufenau Capital Partners is focused on investments in service companies in German-speaking Europe and invests in the Education & Lifestyle, Business Services, Health Care and Financial Services sectors. Through a renowned Group of experienced Industry Partners (Owners, CEOs, CFOs), Ufenau Capital Partners pursues an active value-adding investment approach on eye-level with entrepreneurs and managers.
Fair Damage Control acquires Repair Concepts Group