No insider purchase over the last 90 days. The latest was filed 22 Dec 2025.
CHAPTERS Group AG, classified in the Business Services sector, is a listed company. Its insiders report their share dealings to BaFin. From 18 October 2025 to 18 October 2026, the disclosure feed for CHAPTERS Group AG logged 5 filings by 5 insiders.
Purchases and sales both appear in the filings: 3 purchases (3 insiders, €2.2M) and 1 sale (1 insider, €415k). Taken together, the purchases exceed the sales by €1.8M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Biggest ticket of the year: €886k, bought by Mohr, Jan-Hendrik and made public on 22 December 2025. Those buying include 1 board member and 1 senior executive.
Within a 30-day window, 2 purchases overlapped with buying by a second insider. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. The clock since the last published purchase (22 December 2025) now reads 299 days. Filings reach the BaFin feed a median of 4 days after the trade. The regulation allows three business days to notify a trade (MAR article 19).
Across the 287 companies tracked on its exchange, the median is 5 filings; at 5 filings, this issuer sits right on that mark. The full history, which starts in 2025, counts 3 purchases against 1 sale.
Elsewhere in the same sector, our signals recently picked up insider purchases at Coursera, Inc. These figures are compiled from regulatory filings published by BaFin. They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Transparent value + quality ranking, distinct from the insider signal.
FY ended December 2025 · cache
5 of 5 declarations
CHAPTERS Group AG is a listed serial acquirer and holding company focused on building and scaling mission-critical digital businesses and niche software platforms. The company is traded in Germany on Xetra/Frankfurt (DAX/MDAX/SDAX) under the ticker CHG.DE. Its roots go back to 1998, when a small software start-up was founded near Frankfurt under the name Medical Columbus with the goal of improving procurement processes for German hospitals. After selling the original core business in 2018, the company transformed itself into the holding structure it is today, using permanent capital, decentralized management and a long-term acquisition-led model.
CHAPTERS Group’s business model is organized around independent platforms that own and develop clusters of operating companies in specialized niches. Rather than concentrating on a single end market, the group targets businesses with high customer dependency, recurring demand and meaningful barriers to entry. The most visible area is Vertical Market Software (VMS), where CHAPTERS backs software products built for specific industries and workflows. Another important pillar is financial technology, which was materially reshaped in 2025 through the combination of Fintiba and Expatrio. The group also has exposure to cybersecurity, compliance software and public-transport-related digitalization through platforms such as Altamount Software and targeted acquisitions including PSI Transcom.
From a competitive standpoint, CHAPTERS Group differentiates itself by combining the discipline of a long-term industrial holding with the M&A capabilities of a serial acquirer. Its aim is to create value by consolidating fragmented niches, empowering entrepreneurial management teams and reinvesting capital into new platforms and bolt-on acquisitions. The company positions itself as a home for mission-critical businesses, where software and specialized services are embedded in customer operations and therefore tend to be resilient. According to company disclosures, the group had roughly 55 operating companies, presence in about 10 countries and more than 1,100 employees as of mid-2025. It also reported pro forma 2024 revenue of about €124 million and adjusted operating EBITDA of about €30 million; these figures should be treated as management-reported reference points rather than extrapolated forecasts.
Geographically, the group remains anchored in Germany while building a broader European footprint. Its portfolio is distributed across several countries, reflecting a strategy of acquiring and scaling businesses beyond the domestic market. Recent milestones include a busy 2024 acquisition agenda, the launch of new VMS platforms, increased ownership in existing assets, a successful equity raise, and in May 2025 the announced merger of Fintiba and Expatrio into a new financial technologies structure. This latest transaction highlights CHAPTERS Group’s focus on consolidating attractive niche markets and strengthening platform scale in segments with long runway potential.
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