Sancovia Corporate Finance has successfully advised Ufenau Capital Partners on the sale of Fair Damage Control Holding GmbH ("Fair Damage Group"), a leading provider of claims management and repair services in Germany, to the CED Group ("CED").

The Fair Damage Group offers its clients a comprehensive range of services related to claims and building management under the brands faircheck Schadenservice (building damage regulation), RepairConcepts (repair management for damages to buildings and interiors), and E.Via Schadenmanagement (claims regulation and repair of electronic devices). The range of services is supported by state-of-the-art digital solutions developed by the in-house technology department. The Fair Damage Group is headquartered in Mönchengladbach and employs approximately 140 people. For nationwide claims regulation, the group collaborates with a network of over 700 experts and partners to ensure swift and competent execution.

CED is a leading pan-European provider of insurance services. The group operates in the fields of buildings, mobility, and vitality and has a strong, cross-border claims organization. With the acquisition of Fair Damage, CED adds Germany as a fifth core market to its existing European presence in the Netherlands, France, Belgium, and Spain.

Sancovia supported the seller as the exclusive M&A advisor throughout the entire transaction process.

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