The amount of the deal was not disclosed.
Founded in 2012 by Paul Crusius and Dr. Marco Vietor, who will continue to serve as managing directors and obtain shares in the Sivantos Group as part of the transaction, audibene offers qualified and customer-oriented advice to people suffering from a hearing loss and supports them in selecting the right hearing aid. The sale of the devices is registered and collected by the company, which currently operates a network of more than 800 audiology partners in Germany, Netherland and Switzerland.
Following the transaction, audibene will remain an independent enterprise headquartered in Berlin and its management team and all of 180 employees will remain on board. As part of the strategic partnership, Sivantos will support the company’s further international expansion.
Audibene was supported by venture capital firms Acton Capital Partners and Sunstone Capital as well as a number of business angels under Serial Entrepreneur Stephan Schubert (i.a. OnVista, IS.Teledata), all of which have fully transferred their shares to Sivantos.