Leading provider of claims processing, auditing and billing services for statutory health insurers in Germany
Montagu Private Equity acquired a significant stake in DAVASO Holding GmbH in December 2017 and will support DAVASO’s further development as long term investor.
Established in 1990 and based in Leipzig, DAVASO is Germany’s largest provider of tech-enabled claims processing, invoice auditing and billing preparation services for statutory health insurers. Its market leading software solutions are used internally as well as by other service providers to automate respective processes. DAVASO provides services to more than 100 statutory health insurers, handling 140m cases annually with a volume of approx. €18bn. The business operates in a stable and growing market driven by ageing population, increasing spend per capita and further outsourcing by statutory health insurers.
Montagu was attracted by DAVASO’s strong track record of growth as well as an excellent reputation as leading service and technology provider to statutory health insurers and other clients of the healthcare market.