Transaction · Wealthtech · 2021

Lloyd Fonds / growney 2021

Lloyd Fonds AG acquired growney on November 9, 2021.

Target: growney
Acquirer: Lloyd Fonds AG
Announced: November 9, 2021
Sub-sector: Wealthtech

Transaction overview

Lloyd Fonds AG announced the acquisition of growney on November 9, 2021.
The deal is expected to close pending customary conditions.

Strategic rationale

Lloyd Fonds acquires 17.75% stake with options to reach 100%, combining LAIC premium wealthtech with growney's cost-leading robo-advisor platform under dual-brand digital strategy.

Deal terms & multiples

Deal value: Not disclosed
Target revenue: Not disclosed
Target EBITDA: Not disclosed
EV / Revenue: Not disclosed
EV / EBITDA: Not disclosed
Announcement: November 9, 2021
Acquirer: Lloyd Fonds AG (Strategic)
Sub-sector: Wealthtech

Frequently asked questions

When did Lloyd Fonds AG announce the acquisition of growney?

Lloyd Fonds AG announced the acquisition of growney on November 9, 2021.

What sub-sector is growney in?

growney is tracked in the Wealthtech sub-sector.

Sources

finanznachrichten.de /nachrichten-2021-11/54440925-dgap-news-lloyd-fonds-aktiengesellschaft-lloyd-fonds-ag-uebernimmt-17-75-am-berliner-fintech-growney-022.htm

Comparable transactions in Wealthtech

Primary	Event type	Counterparty	Value	Sub-sector	Date
Lovell Insurance Group	Transaction	Creative Planning	$250M	Wealthtech	July 14, 2026
Venturi Private Wealth	Transaction	Caprock	$4.0B	Wealthtech	July 14, 2026
by Madrivo	Transaction	MoneyGeek		Wealthtech	July 14, 2026
Pinnacle Wealth Management	Transaction	Carson Group	$236M	Wealthtech	July 9, 2026
Resource Financial Group Assets	Transaction	Choreo	$700M	Wealthtech	July 8, 2026
Remotiv Technologies	Transaction	PlanMember Financial Corporation	$250M	Wealthtech	July 7, 2026