Experian’s $320 Million Acquisition of Gabi

YPOG advised Project A on the deal, while B2RLaw advised InsurTech Gabi.

Project A portfolio company Gabi is acquired by consumer credit reporting agency Experian for $320M. Project A successfully exits the insurtech company after having first invested at pre-seed stage five years ago.

Founded in 2016, Gabi is a mobile-first InsurTech based in San Francisco. The company automates insurance shopping and provides more visibility into insurance rates, enabling customers to compare insurance companies’ offerings, receive new quotes and ultimately save money on their insurance policies. Since its founding Gabi has raised over $39 million in venture capital funding from major investors such as Project A, Canvas Ventures, Mubadala Ventures, Northwestern Mutual Future Ventures, Correlation Ventures, CUNA Mutual Group, Securian Ventures and A. Capital Ventures, amongst others.

Experian is the world’s leading global information services company. The company helps individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime. Experian employs approximately 20,000 people across 44 countries and is constantly investing in new technologies, talented people, and innovation to help all its clients maximise every opportunity. Experian is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 Index.

The YPOG team included Dr. Frederik Gärtner (Picture – Co-Lead/Transactions, M&A), Partner; Dr. Johannes Janning (Co- Lead/Transactions, M&A), Associated Partner; Dr. Fabian Euhus (Funds), Partner.

The B2RLaw team included Senior Partner Rafal Stroinski, Senior Associates Radoslaw Minh Nguyen and Piotr Leonarski, and Associate Radoslaw Kowalski.

Involved fees earner: Radoslaw Kowalski – B2RLaw; Piotr Leonarski – B2RLaw; Radoslaw Minh Nguyen – B2RLaw; Rafal Stroinski – B2RLaw; Fabian Euhus – YPOG; Frederik Gartner – YPOG; Johannes Janning – YPOG;

Law Firms: B2RLaw; YPOG;

Clients: Gabi; Project A Ventures GmbH & Co. KG;

Federica Tiefenthaler

Author: Federica Tiefenthaler