Bolttech’s Acquisition of i-surance AG

Pestalozzi advised bolttech on the deal. MLL advised the shareholders and the management of i-surance AG.

The acquisition of i-surance represents the next stage of bolttech’s international growth strategy and acceleration of its European build-out.

bolttech is now present in 15 countries in Europe, and 26 markets globally following the acquisition. bolttech recently raised US$180 million, valuing the business in excess of US$1 billion. Launched in 2020 by its founding shareholder Pacific Century Group (PCG), its insurance exchange is the largest in the world with US$5 billion premium on the platform, providing a gateway to more than 5,000 products and 150 insurance providers.

Supported by a team of 1,400 employees, bolttech currently serves more than 7.7 million customers. i-surance partners with leading brands across its markets, including telecommunications providers, retailers, and manufacturers, to offer market-leading protection products. The transaction will bring together i-surance’s differentiated product set and geographic footprint with bolttech’s rapidly growing European partnerships, digital native protection and insurance capabilities.

The Pestalozzi team included Beat Schwarz (Picture – Partner, Corporate / M&A), Jonas Sigrist (Partner, Tax), Petra Spring (Senior Associate, Employment), Florian Schnyder (Associate, Corporate / M&A), Raphael Widmer (Associate, Corporate / M&A), Catherine Hörr (Associate, Insurance), Severin Etzensperger (Associate, IP & TMT), Lukas Breu (Junior Associate, Corporate / M&A), Daniela Iselin (Junior Associate, Corporate / M&A).

The MLL team was led by Daniel Schoch (Partner, Corporate and M&A) and included Thomas Nabholz (Tax) Alexandra Linder (Senior Associate Corporate and M&A) Sadri Hoti (Associate, Corporate and M&A) and Fabrizio Wyss (Junior Associate).

Involved fees earner: Sadri Hoti – MLL Meyerlustenberger Lachenal Froriep Ltd; Alexandra Linder – MLL Meyerlustenberger Lachenal Froriep Ltd; Thomas Nabholz – MLL Meyerlustenberger Lachenal Froriep Ltd; Daniel Schoch – MLL Meyerlustenberger Lachenal Froriep Ltd; Fabrizio Wyss – MLL Meyerlustenberger Lachenal Froriep Ltd; Lukas Breu – Pestalozzi; Severin Etzensperger – Pestalozzi; Catherine Hörr – Pestalozzi; Daniela Iselin – Pestalozzi; Florian Schnyder – Pestalozzi; Beat Schwarz – Pestalozzi; Jonas Sigrist – Pestalozzi; Petra Spring – Pestalozzi; Raphael Widmer – Pestalozzi;

Law Firms: MLL Meyerlustenberger Lachenal Froriep Ltd; Pestalozzi;

Clients: bolttech; i-surance AG;

Author: Federica Tiefenthaler