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HEALTHCARE | Medical Facilities & Services / Long-term Care

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About Clark

Clark is a not-for-profit, continuing care retirement community that offers living options and services including assisted living, independent living, memory and dementia care, skilled nursing and respite care. It is based in Grand Rapids, Michigan.

Clark Headquarter Location

1551 Franklin Street SE

Grand Rapids, Michigan, 49506,

United States

Latest Clark News

Heliad Equity Partners GmbH & Co. KGaA: CLARK integrates finanzen Group and becomes unicorn

Nov 9, 2021

09.11.2021 / 09:30 CLARK integrates finanzen Group and becomes unicorn Frankfurt am Main, 9th of November 2021 - CLARK, a portfolio company of Heliad, has announced its acquisition of finanzen Group, one of the leading platforms for lead generation and trading in the European insurance and financial services sectors. The transaction makes CLARK a unicorn and one of the world's largest insurtechs. CLARK is acquiring finanzen Group via an equity swap with Allianz X, which will become CLARK's largest minority shareholder. CLARK remains fully independent and continues to offer its customers the best tariffs from more than 160 insurance partners. Other investors in the transaction include existing ones such as Whitestar Capital, Tencent and Yabeo as well as new investors, such as Eldridge and Kreos. Heliad has invested a mid-single digit million Euro amount in CLARK in July this year and benefits now from a significantly strengthened position of the company in a sizeable and promising market. "We are excited to have become a partner to CLARK. The world-class team around Christopher Oster, Marco Adelt and Chris Lodde is on a clear way to become the largest insurance manager in Europe. As the insurance market has seen little innovation over decades there exists an enormous opportunity for future growth. Through its technology driven and consumer centric solution the company has fundamentally changed the way how people access, manage and optimize their insurance situation." says Falk Schäfers, CEO of Heliad. "We are very happy to have Heliad as a partner on board. The team has not only relevant experience in the FinTech market but also adds complementary value to our shareholder base through its public capital markets know-how. We are looking forward to a fruitful partnership." says Christopher Oster, CEO and co-founder of CLARK. About CLARK CLARK, the leading insurance manager, offers its customers the opportunity to digitally manage, compare and improve their insurance policies. More than 450,000 customers already benefit from CLARK's intelligent algorithms and individual expert consultation. CLARK was founded in June 2015 by Dr. Christopher Oster, Steffen Glomb, Dr. Marco Adelt and Chris Lodde. The insurtech employs a total of more than 350 people at its four corporate locations in Frankfurt am Main, Berlin, Püttlingen and Vienna. About Heliad Heliad (ISIN: DE000A0L1NN5 / Ticker: HPBK) is a listed investment company with a mission to empower both entrepreneurs and investors. The company invests in market leading companies across various verticals and regions to power their next phase of growth. As a listed company and through our strong team and strategic partners, Heliad can support companies pre, at and post IPO and act as a gateway to public equity capital markets. An evergreen structure allows Heliad to act independently of usual fund lifecycles and provides shareholders with unique access to pre-IPO market returns without any restrictions or limitations in terms of investment size and term commitment. Further information about Heliad can be found under follow us on LinkedIn . Contact

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