HANNOVER Finanz Group acquires Transcom CMS Austria

On July 31, 2014, HANNOVER Finanz Group acquired Transcom CMS Austria, a financial services company in Austria, from TransComp Systems, Inc.

Deal at a glance

AnnouncedJuly 31, 2014 TypeDivestiture TargetTranscom CMS Austria Buyer HANNOVER Finanz Group Seller TransComp Systems, Inc. SectorFinancial Services LocationAustria ValueMembers only

Target company

Transcom CMS Austria

Austria

Financial Servicessector

-founded

Activestatus

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Buyer

HANNOVER Finanz Group

Private equity firm · 57 deals on record

2nd transaction in financial services
6th transaction in Austria

57deals, all time

2in this sector

2020latest

Seller

TransComp Systems, Inc.

Company · 1 deal on record

1investments

1in this sector

1exits

Members only

Contact details at the buyers and sellers

The full deal history of every party

Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

Questions about this deal

Who acquired Transcom CMS Austria?HANNOVER Finanz Group acquired Transcom CMS Austria on July 31, 2014.

Who sold Transcom CMS Austria?TransComp Systems, Inc. was the seller.

What type of deal was it?It was a divestiture in the financial services sector in 2014.

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