THI Investments, a privately-owned pan-European private equity investor, is delighted to announce it has acquired a majority stake in LOGICHECK – the leading tech-enabled provider of claims-verification solutions for complex motor insurance claims – partnering with LOGICHECK’s founders and management team, who are retaining a significant minority stake and will support the business through its next stage of growth.
Founded in 2013, LOGICHECK has built a market-leading position in complex, non-standard motor-related claims verification, supporting insurers with deep domain expertise, a proprietary data foundation, and SaaS-enabled verification workflows. Today, LOGICHECK serves most German insurers, acting as a trusted, mission-critical partner in claims categories where outsourcing is structurally attractive.
Frank Junk, Founder and Managing Director of LOGICHECK, said:
“THI is the ideal partner for the company’s continued development — appreciative, technology-focused, and visionary — these are the factors that make the partnership a perfect fit.”
Magdalene Schütz, Founder and Managing Director of LOGICHECK, said:
“With THI Investments, we have found a partner who is not only convinced of our strengths, but who also recognizes that the independence and neutrality of a service provider in the insurance industry are of significant importance — we are looking forward to the future with THI by our side.”
Ricardo Sommer, Partner at THI Investments commented:
“Our investment in LOGICHECK resembles the type of partnership we seek with founders and fits perfectly into THI’s tech-enabled services and software thesis: a defensible niche position in mission-critical workflows, strong customer embeddedness, a differentiated technology combined with proprietary data assets and a strong culture.”
Steffen Wippler, Director at THI Investments added:
“We look forward to accelerating the company’s success with existing customers, selectively broadening the product set and building the leading claims services provider for the insurance industry.”
Deal highlights:
Deal team THI: Ricardo Sommer, Partner; Steffen Wippler, Director; Julian Mick, Investment Manager; Yannick Balz, Investment Manager.
Value Creation team THI: Dr. Philipp Weiherl, Managing Director; Maurice Engel, Manager; Derya Bickici, Manager.
THI was advised by Renzenbrink & Partner (law), CODEX (commercial), Carlsquare (corporate finance), justfinance (debt), Invensity (tech) and RSM Ebner Stolz (financial and tax).
Hinweise:
THI Investments
THI Investments is a privately owned private equity investor with total assets under management of more than €2bn and offices in Stuttgart, London, and Munich. THI provides flexible capital, operational understanding, and support to successful mid-market businesses by backing their management teams. Business Services is among the core areas of focus for THI. THI invests equity amounts from €20-100m in businesses in Education and Training, Business Services, Smart Industrials, Sustainability and Healthcare in Western Europe.
LOGICHECK
LOGICHECK provides digital claims verification services and software solutions for insurers, focused on complex, non-standard motor-related and selected environmental claim types. The company supports claims handlers by combining specialist subject-matter expertise with a proprietary data foundation (including rule-sets and claims documentation) and software-enabled verification workflows, delivered either as outsourced verification services or via SaaS modules that integrate into insurers’ claims processes.
THI Investments, a privately-owned pan-European private equity investor, is delighted to announce it has acquired a majority stake in LOGICHECK – the leading tech-enabled provider of claims-verification solutions for complex motor insurance claims – partnering with LOGICHECK’s founders and management team, who are retaining a significant minority stake and will support the business through its next stage of growth.
Founded in 2013, LOGICHECK has built a market-leading position in complex, non-standard motor-related claims verification, supporting insurers with deep domain expertise, a proprietary data foundation, and SaaS-enabled verification workflows. Today, LOGICHECK serves most German insurers, acting as a trusted, mission-critical partner in claims categories where outsourcing is structurally attractive.
Frank Junk, Founder and Managing Director of LOGICHECK, said:
“THI is the ideal partner for the company’s continued development — appreciative, technology-focused, and visionary — these are the factors that make the partnership a perfect fit.”
Magdalene Schütz, Founder and Managing Director of LOGICHECK, said:
“With THI Investments, we have found a partner who is not only convinced of our strengths, but who also recognizes that the independence and neutrality of a service provider in the insurance industry are of significant importance — we are looking forward to the future with THI by our side.”
Ricardo Sommer, Partner at THI Investments commented:
“Our investment in LOGICHECK resembles the type of partnership we seek with founders and fits perfectly into THI’s tech-enabled services and software thesis: a defensible niche position in mission-critical workflows, strong customer embeddedness, a differentiated technology combined with proprietary data assets and a strong culture.”
Steffen Wippler, Director at THI Investments added:
“We look forward to accelerating the company’s success with existing customers, selectively broadening the product set and building the leading claims services provider for the insurance industry.”
Deal highlights:
Deal team THI: Ricardo Sommer, Partner; Steffen Wippler, Director; Julian Mick, Investment Manager; Yannick Balz, Investment Manager.
Value Creation team THI: Dr. Philipp Weiherl, Managing Director; Maurice Engel, Manager; Derya Bickici, Manager.
THI was advised by Renzenbrink & Partner (law), CODEX (commercial), Carlsquare (corporate finance), justfinance (debt), Invensity (tech) and RSM Ebner Stolz (financial and tax).
Hinweise:
THI Investments
THI Investments is a privately owned private equity investor with total assets under management of more than €2bn and offices in Stuttgart, London, and Munich. THI provides flexible capital, operational understanding, and support to successful mid-market businesses by backing their management teams. Business Services is among the core areas of focus for THI. THI invests equity amounts from €20-100m in businesses in Education and Training, Business Services, Smart Industrials, Sustainability and Healthcare in Western Europe.
LOGICHECK
LOGICHECK provides digital claims verification services and software solutions for insurers, focused on complex, non-standard motor-related and selected environmental claim types. The company supports claims handlers by combining specialist subject-matter expertise with a proprietary data foundation (including rule-sets and claims documentation) and software-enabled verification workflows, delivered either as outsourced verification services or via SaaS modules that integrate into insurers’ claims processes.
