Bilthouse

Business Description

Bilthouse is a leading German group for mortgage brokerage which was formed by Baufi24, Hüttig & Rompf and Creditweb joining forces.

The financial services providers Baufi24 Baufinanzierung AG, Hüttig & Rompf AG and Creditweb GmbH joined forces in May 2022 under the umbrella of the new Bilthouse Group. From the start, Bilthouse is one the leading players in the German B2C segment for mortgage brokerage. The combination creates a growth platform that will benefit customers, business partners, banks, and employees alike. The three brands address different product segments and will help customers get the best possible financing offers.

Together, the Bilthouse brands Baufi24, Hüttig & Rompf and Creditweb employ around 700 people and is generating a combined mortgage financing volume of around EUR five billion per year (FY 2021).

As the majority shareholder of Bilthouse, Nordic Capital will, in partnership with the founders and the management, actively support the new company’s growth, drawing on its experience from previous investments in financial services providers and comparison websites. Alongside its initial investment in the company.  Nordic Capital will also provide additional primary capital, which will help Bilthouse combine and grow its strong online and offline capabilities to create clear value-add for end customers seeking real estate financing.

Sector

Financial Services

Key Information

Employees

c. 700

Ownership

Nordic Capital Fund X, controlling shareholding

Head office

Hamburg, Germany

Investment date

2022