Engagement — Platform Due Diligence
Code & Co. advises Oakley Capital ahead of its investment in Konzept & Marketing, an underwriting agent in Germany for private non-life insurance products.
Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund V is investing in Konzept & Marketing (“K&M”). K&M is a leading, independent Managing General Agent (“MGA”) in the German, personal non-life insurance market. Oakley invested alongside insurance veteran Joachim Müller, former CEO of Allianz Commercial, who will oversee a buy-and-build strategy as Chairman.
Scope of Work
Code & Co. conducted a thorough review of Konzept & Marketing’s platform. The assessment included an analysis of its technical architecture, infrastructure, technology stack, cybersecurity practices, and open-source compliance.
Additionally, Code & Co. examined Konzept & Marketing’s IT roadmap and the company's operational excellence, including its rollout and onboarding processes, highlighting its focus on AI-driven automation, cloud adoption, and enhanced user experience.
The review also evaluated Konzept & Marketing’s engineering team, software development lifecycle, and technical debt management, emphasizing its agile methodologies and modern tools.
About Konzept & Marketing
Founded in 2001 and based in Hanover, Konzept & Marketing ("K&M") operates as an underwriting agent in Germany for private non-life insurance products (property, accident, liability), a growing market that is currently worth €28 billion. K&M develops, markets and administers tailored insurance products on behalf of insurance companies in an asset light model. https://k-m.info/
About Oakly Capital
Founded in 2002, Oakley Capital is a private equity firm based in London, United Kingdom. The firm specializes in buyouts, management buyouts, add-ons, carve-outs, and growth capital. The firm seeks to invest in the technology, consumer, education, and business services sectors.