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Sarhegyi & Partners Advises GrECo Direct Holding on Acquisition of Online Insurance Portal

Sarhegyi & Partners Advises GrECo Direct Holding on Acquisition of Online Insurance Portal

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Sarhegyi & Partners has advised GrECo Direct Holding AG on its EUR 15 million acquisition of Hungarian insurance broker portal Biztositas.hu from Netrisk.hu, MCI Private Ventures Fund, and AMC Capital IV Net from Luxembourg.

GrECo is an EMEA insurance brokerage and risk management corporation and founder of the JLT International Network. Biztositas.hu has more than 400,000 registered users. Netrisk.hu was Hungary's first online insurance brokerage.

The Sarhegyi & Partners team was led by Partner Kornel Szabo and included Senior Associate Viktória Perenyi and Associate Peter Heinek.

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

Firm's website.

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