Acquisition of vaamo by Moneyfarm

Sector(s)
TMT
Deal type
Growth / Equity capital / Sell your business
Date
April 2019
Countries involved
Germany/Great Britain/Italy

Client

Vaamo Finanz AG, a leading German digital wealth manager.

Deal

Moneyfarm acquired vaamo to accelerate further expansion of its digital wealth management platform with B2B and B2C customers across Europe.

Parties

Lead team

  • Arne Laarveld

    Arne Laarveld

    Associated Partner Germany

What we did

Capitalmind acted as advisor to the vaamo management and vaamo shareholders throughout this transaction.

About the deal

vaamo is one of the very first German independent digital wealth managers and launched in 2014. Founded by Thomas Bloch and Oliver Vins, vaamo is a pioneer in introducing goal-based investing and offers regulated fully-managed discretionary portfolios. Over the last years, vaamo has built both a direct to consumer and a B2B offering for (online) banks and independent financial advisors.

The acquisition allows Moneyfarm to leverage vaamo’s foothold in the German market and to accelerate its entrance into Germany, now representing the third European market being covered besides Italy and UK. Thus, it presents the opportunity to expand the Moneyfarm business proposition further across Europe for companies and financial institutions looking to offer digital investment advice on fully-managed portfolios to their employees or customers.

Just these days the parties announced to continue the combined business under one brand.

 

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