Baufi24 and Creditweb join forces with Hüttig & Rompf

The two start-ups and the established company are uniting under the Bilthouse umbrella brand. Together they want to reach more customers.

Fintechs Baufi24 and Creditweb are joining forces with financial services provider Hüttig & Rompf under the umbrella of a new group called Bilthouse. The majority shareholder of the new group will be Nordic Capital. The private equity company intends to drive the growth of the newly created company.

Nordic Capital has not only taken over the majority shares in the company, but also intends to contribute an investment of 30 million euros. With this, Bilthouse intends to merge and expand the different online and offline offerings of the three companies.

Together with Hüttig & Rompf, the start-ups Baufi24 and Creditweb employ around 700 people. According to their own information, the companies currently broker a construction financing volume of around five billion euros per year.

"Bilthouse will create added value for people looking for real estate financing," hopes Bilthouse CEO Tomas Peeters. "Our three brands address different product segments (...)." The companies would combine their core competencies to appeal to more customers together. "Nordic Capital is convinced of the enormous potential of this move and will actively support the companies' goal to accelerate growth and facilitate consumers' access to the best possible real estate financing," says Christopher Ekdahl, director of Nordic Capital Advisors.