M&A Deal Summary

TA Associates Acquires Klikpojisteni.cz a.s.

On May 20, 2020, private equity firm TA Associates acquired insurance company Klikpojisteni.cz, a.s. from Benson Oak s.r.o.

Acquisition Highlights
  • This is TA Associates’ 9th transaction in the Insurance sector.
  • This is TA Associates’ 2nd transaction in Czech Republic.

M&A Deal Summary

Date 2020-05-20
Target Klikpojisteni.cz, a.s.
Sector Insurance
Buyer(s) TA Associates
Sellers(s) Benson Oak s.r.o.
Deal Type Secondary Buyout
Advisor(s) Wolf Theiss (Legal)

Target

Klikpojisteni.cz, a.s.

Prague, Czech Republic
website
Klikpojisteni.cz, a.s. is an online insurance brokerage company in the Czech Republic and Slovakia under domain names Klik.cz and Klik.sk, with offices in Prague, Usti nad Labem, and Bratislava. It offers clients the ability to transparently compare prices for non-life and life insurance products, including MTPL, CASCO, home, travel, and term life insurance.

Search 158,438 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1968
PE ASSETS 28.0B USD
SizeMega
Type Sector Agnostic
DESCRIPTION

TA Associates Management LP is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $50 and $500 million per transaction. TA currently manages approximately $24 billion of capital and proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $150 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments up to $75 million. TA's geographic preference is North America and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 285 of 308
Sector (Insurance) 9 of 10
Type (Secondary Buyout) 42 of 51
Country (Czech Republic) 2 of 2
Year (2020) 7 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-17 Honan Insurance Group Pty Ltd.

Southbank, Australia

Honan Insurance Group Pty Ltd. provides a full range of commercial insurance, risk, and financial solutions to businesses across a wide range of industries, including financial institutions, healthcare, professional services, technology, biotech & life science, logistics, construction, food & beverages, and mining & energy. Honan Insurance Group was founded in 1964 and is based in Southbank, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-04 ZoomInfo Technologies, Inc.

Vancouver, Washington, United States

ZoomInfo Technologies is a go-to-market intelligence platform for sales and marketing teams. ZoomInfo's cloud-based platform provides highly accurate and comprehensive information on the organizations and professionals they target. ZoomInfo Technologies was founded in 2007 and is based in Vancouver, Washington.

Sell -

Seller(S) 1

SELLER

Benson Oak s.r.o.

Prague, Czech Republic

Investor Investor

website


Category Growth Capital Firm
Founded 1991
SizeMiddle-Market
Type Sector Agnostic
DESCRIPTION

Benson Oak Capital is an independent private equity firm focused on investing in 'leading' small to medium-size enterprises in the Czech Republic and Slovakia. The Firm looks to invest €5 to €30 million to support buyout and control growth equity transactions. Benson Oak was formed in 1991 and is based in Prague.


DEAL STATS #
Overall 6 of 6
Sector (Insurance) 1 of 1
Type (Secondary Buyout) 1 of 1
Country (Czech Republic) 4 of 4
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-02 AVG Technologies N.V.

Amsterdam, Netherlands

AVG Technologies N.V. is a provider of software services to secure devices, data and people. AVG’s award-winning consumer portfolio includes internet security, performance optimization, location services, data controls and insights, and privacy and identity protection, for mobile devices and desktops. The award-winning AVG Business portfolio, delivered through a global partner network, provides cloud security and remote monitoring and management (RMM) solutions that protect small and medium businesses around the world.

Sell -