Responding to a growing market opportunity, BlackFin Capital Partners has opened an additional office in Frankfurt am Main (Germany).
Since its inception, BlackFin focuses on investment opportunities within the financial services sector across continental Europe. Initially fully based in Paris, the team is expanding geographically to support its pan-European investment strategy.
In 2013, BlackFin opened an office in Brussels to expand its coverage of the Benelux financial sector. This led to a significant increase in potential deal opportunities in all three of the Netherlands, Belgium and Luxemburg. As an example, BlackFin acquired for its Fund II the Luxemburg based operations of RBS (Royal Bank of Scotland) in a spin-off transaction that led to the formation of FundRock, a leading provider of services to the asset-management industry.
Opening an office in Germany in 2017 was the next logical step to enhance BlackFin’s access to the German financials services market, and more broadly to the “DACH” region, in particular Switzerland. BlackFin’s founders have deep experience in the German financial market as the founding shareholders of Commerz Financial Products, a subsidiary of Commerzbank AG, in 1994. In 2013, BlackFin completed a successful majority investment for its Fund I by acquiring Finanzen.de, the leading market-place in Europe for insurance and banking leads. BlackFin was able through its European expertise to make this originally domestic company into the European leader operating in Germany, Switzerland, France and the UK. BlackFin has further completed two acquisitions in Switzerland.
Mr Aloysius von Mitschke-Collande, with BlackFin since 2013, will be responsible for coordinating BlackFin’s presence in Germany as Country Head for Germany.