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Sarhegyi & Partners Advises GrECo Direct Holding on Acquisition of Online Insurance Portal

Sarhegyi & Partners Advises GrECo Direct Holding on Acquisition of Online Insurance Portal

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Sarhegyi & Partners has advised GrECo Direct Holding AG on its EUR 15 million acquisition of Hungarian insurance broker portal Biztositas.hu from Netrisk.hu, MCI Private Ventures Fund, and AMC Capital IV Net from Luxembourg.

GrECo is an EMEA insurance brokerage and risk management corporation and founder of the JLT International Network. Biztositas.hu has more than 400,000 registered users. Netrisk.hu was Hungary's first online insurance brokerage.

The Sarhegyi & Partners team was led by Partner Kornel Szabo and included Senior Associate Viktória Perenyi and Associate Peter Heinek.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

Firm's website.

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