Dorda has advised the Netrisk Group on its acquisition of Durchblicker. Szecskay Attorneys at Law reportedly advised the Netrisk Group on Hungarian law-related matters.
Closing is expected in the first quarter of 2022, pending regulatory approval.
According to Dorda, "with the acquisition of Durchblicker, Austria's independent and market-leading online rate comparison portal, Durchblicker becomes part of a fast-growing alliance of online price comparison platforms that already includes Netrisk.hu, Biztositas.hu, Klik.cz, Porovnej24.cz, Klik.sk, Netfinancie.sk, and Edrauda.lt."
The Netrisk Group is a Budapest-headquartered online price comparison services provider in Europe, operating in Austria, the Czech Republic, Hungary, Lithuania, and Slovakia.
Durchblicker is Austria's online portal providing tariff comparison services for insurance, electricity and gas, finance, and internet and mobile phones prices.
Durchblicker "offers comparison services for insurance, telecommunications, utilities, and financial products in a very user-friendly way," Netrisk announced. "Durchblicker joins Netrisk Group’s growing family with the same purpose: to save money for customers and offer a comparison."
The Dorda team was led by Partner Christian Ritschka and included Partners Heinrich Kuhnert, Bernhard Rieder, Andreas Zahradnik, and Tibor Varga, Attorneys Patricia Backhausen, Alexandra Ciarnau, Christian Richter-Scholler, and Gunther Posch, and Associates Mike Schaunig, Alona Klammer, Sarah Pichler, Valerie Fandl, Markus Buchleitner, Mirko Marjanovic, and Safiye Unuvar.