Moneypark and DL merge
MoneyPark and DL Defferrard & Lanz are merging. MoneyPark is thus tapping into the market in French-speaking Switzerland and expanding its branch network.
MoneyPark acquires 100 percent of the shares of DL Defferrard & Lanz SA, a consulting company for real estate financing. The parties have agreed not to disclose the purchase price.
Together, the two companies broker around CHF 2 billion in mortgage volumes per year and, with over 90 financing partners, have by far the largest network of banking partners.
DL has been active in the French-speaking Swiss market for over 10 years and offers consumers independent advice on all aspects of real estate, pensions and tax issues. The company has branches in Geneva, Lausanne, Nyon, Vevey and Neuchâtel and employs around 45 people. DL founders Stéphane Defferrard and Stéphane Lanz will remain on board, as will all DL employees. The MoneyPark branch network thus grows from 23 to 28 branches throughout Switzerland.
"The acquisition is a huge milestone for our customers and for us as a company. We double our monthly placed mortgage volumes and customer inquiries in one fell swoop," says Stefan Heitmann, CEO and founder of MoneyPark.
