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.