Hg has agreed to sell Eucon Group, a leading digital solutions provider in the automotive aftermarket and insurance sectors, to VHV Group, a prominent German insurance company.

Information on the Target

Eucon Group, based in Germany, is a premier provider of advanced information and data-driven systems aimed at enhancing product management within the automotive aftermarket sector. The company’s diverse clientele includes prominent car manufacturers, suppliers, and numerous workshop chains. Furthermore, Eucon specializes in digitalizing claims management for insurers, positioning itself as a leader in digital platform solutions for data and document processing. Beyond the automotive sector, Eucon also delivers innovative digital solutions tailored for the real estate industry, focusing on efficient and transparent invoice management.

Industry Overview in Germany

The automotive aftermarket industry in Germany is experiencing significant growth, driven by increasing reliance on technology and digital solutions to streamline operations and improve customer outcomes. With a strong emphasis on data utilization, businesses within this sector are adapting to the rapid advancements in technology and changing consumer expectations.

In addition, the digital transformation of the insurance industry in Germany is reshaping customer interactions and claims management processes. Companies are leveraging data