CMS has advised Marsh on its sale of an 80% stake in Insia to the Unilink Group. Kinstellar advised the buyer.
According to Kinstellar, "together with its recent acquisitions of Safety Broker in Romania and Moldova and I&G Brokers in Bulgaria, Unilink has created the largest insurance distribution platform in six CEE countries, with a volume of premiums brokered of EUR 1 billion."
"Unilink’s philosophy in building the group in CEE is to work with the founders of the respective companies as they know the local markets best and retain their entrepreneurial mindset," CMS reported. "Ivan Spirakus will therefore remain a minority shareholder in Insia and will continue as the company’s CEO."
Insia is an insurance and mortgage broker operating in the Czech Republic and Slovakia.
Marsh is an insurance broker and risk advisor.
The CMS team included Managing Partner Helen Rodwell, Associates Pavel Kocian and Tristan O’Connor, and Lawyer Huyen Vuova.
The Kinstellar team was led by Partner Jan Juroska and Managing Associate Michal Kniz and included Counsel Martina Brezinova, Managing Associate Petr Bratsky, Senior Associate Dasa Labasova, and Associate Denisa Simanska.