Travers Smith LLP advised Netrisk on the deal, while Weinhold Legal advised the shareholders of Klikpojisteni.cz, a.s., including the private equity arm of Benson Oak Capital on the transaction.
Klik was founded in 2011 and was a long-standing investee company of Benson Oak Capital, a private equity fund based in the Czech Republic and Slovakia. Klik management have reinvested into the Netrisk group and will continue to run the company under the Klik brand as it continues to innovate and provide high value to both insurers and policy-holders.
The Travers Smith team was led by Co-Head of Corporate and Private Equity & Financial Sponsors Head and Partner, Paul Dolman (Picture), assisted by Associates Matt Powrie and Hattie Langworth. Finance advice was provided by Finance Partner Donald Lowe, assisted by Associate Michael Leadbeater.
Tereza Naucová (Counsel) and Katerina Kulhánková (Senior Associate) of Wolf Theiss Prague provided Czech local law advice. János Tóth (Partner) and Péter Ihász (Associate) of Wolf Theiss Budapest provided Hungarian local law advice. Slovakian local law advice was provided by Wolf Theiss Bratislava.
Klik, management and Benson Oak were advised by Weinhold Legal and corporate finance advisers CORPIN.
The Weinhold Legal team was led by partner Ondřej Havranek, and included attorney-at-law Vladimir Petráček and junior associate Jan Čermák.
Involved fees earner: Paul Dolman – Travers Smith; Hattie Langworth – Travers Smith; Michael Leadbeater – Travers Smith; Donald Lowe – Travers Smith; Matthew Powrie – Travers Smith; Jan Cermak – Weinhold Legal; Ondrej Havranek – Weinhold Legal; Vladimir Petracek – Weinhold Legal; Péter Ihász – Wolf Theiss; Tereza Naučová – Wolf Theiss; Janos Toth – Wolf Theiss;