AUSTRIAN DURCHBLICKER.AT BACKED BY VENTUREpRENEUR JOHANN ‘HANSI’ HANSMANN sells 45% of shares to NYSE-LISTED WHITE MOUNTAINS INSURANCE GROUP
New York Stock Exchange-listed White Mountains Insurance Group acquired approximately 45 percent of durchblicker.at, Austria's independent price comparison portal for insurance, gas/electricity and finance services.
Since 2010, the website offers comparison of insurance rates, electricity and gas, as well as traditional financial products such as savings. With around 2 million compared rates calculated in the first half of 2014 for a total of 18 product categories, durchblicker.at is the leading portal in comparison of rates in Austria.
The management team of the company - two founders Reinhold Baudisch and Michael Doberer together with the Venturepreneur and Austrian renowned business angel Johann “Hansi” Hansmann continue to hold a majority stake.
The terms of the transaction were not disclosed.