German broker GGW appoints Houilhan and Morgan Stanley for sale
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German broker GGW appoints Houilhan and Morgan Stanley for sale

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Hg-backed German SME broker Gossler, Gobert & Wolters (GGW) has appointed Houlihan Lokey and Morgan Stanley to run a sale process, this publication has learned.

Hg – which also has a substantial holding in UK broking platform Howden – invested in GGW in 2021 and has since taken advantage of fragmentation in the German market through around 30 bolt-on acquisitions.

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