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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

Hungary
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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

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.

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