FIH Partners advises Insalvo on the divestment of 22% stake in Formuepleje

Formuepleje
Transaction:
Divestments
Date:
May 2020
Deal Value:
Undisclosed
Process:
Private placement
Industry:
Financial Institutions and Real Estate

FIH Partners advises Insalvo on the successful divestment of its remaining 22% stake in Formuepleje. Formuepleje was founded in 1986 by Erik Møller and Claus Hommelhoff, and the transaction marks the exit of the Fryland-Møller family from the ownership of Formuepleje. The stake was divested to existing shareholders in Formuepleje, including the Hommelhoff family.

Formuepleje is the largest bank-independent asset management company in Denmark with more than DKK 90bn assets under management. The company provides investment advisory and administrative services to investment funds in the Formuepleje Group.

FIH Partners acted as financial advisor to Insalvo Aps.