insurtech

Hokan Group Acquires Frich

Norbert Gehrke

03 Jul 2025 — 3 min read

Hokan Group, which aims to become an Industry Contributor by integrating technology and solutions, has acquired shares of Frich, making it a subsidiary. This marks Hokan Group's first M&A and is positioned as an important strategic move for future growth.

Overview and Background of This Transaction

Following the transition to a group management structure on February 3, 2025, the Hokan Group has been operating with two companies: "hokan," a product company, and "CIEN," a solution company.

Frich, which has now joined Hokan Group, provides a P2P (Peer to Peer) compensation model that delivers new compensation beyond existing frameworks to communities in a custom and speedy manner, along with the necessary systems. While Hokan Group has previously focused on "defensive" products targeting corporations through "hokan," this acquisition enables expansion into "offensive" areas that create consumer touchpoints.

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