M&A Deal Summary

Netrisk Group Acquires Klik.cz

On May 20, 2020, Netrisk Group acquired insurance company Klik.cz from Benson Oak

Acquisition Highlights
  • This is Netrisk Group’s 1st transaction in the Insurance sector.
  • This is Netrisk Group’s 1st transaction in Czech Republic.

M&A Deal Summary

Date 2020-05-20
Target Klik.cz
Sector Insurance
Buyer(s) Netrisk Group
Sellers(s) Benson Oak
Deal Type Add-on Acquisition
Advisor(s) Wolf Theiss (Legal)

Target

Klik.cz

Prague, Czech Republic
Klik.cz 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.

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Buyer(S) 1

Buyer

Netrisk Group

Budapest, Hungary

Category Company
Founded 1994
Sector Insurance
DESCRIPTION

Netrisk Group is an independent online insurance brokerage company that became the first Hungarian company offering a platform for comparing and distributing insurance products via the internet. Today, Netrisk distributes several types of non-life insurance products, including MTPL, casco, home, and travel insurance policies.


DEAL STATS #
Overall 1 of 1
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Czech Republic M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Benson Oak

Prague, Czech Republic

Investor Investor


Category Growth Capital Firm
Founded 1991
Size Middle-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 M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 5
Country: Czech Republic M&A 4 of 4
Year: 2020 M&A 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 -