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Deloitte Legal Advises Netrisk on Acquisition of Biztositas.hu Biztositasi Alkusz Kft.

Deloitte Legal Advises Netrisk on Acquisition of Biztositas.hu Biztositasi Alkusz Kft.

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Deloitte Legal has advised Hungarian web-based insurance broker Netrisk and its majority shareholder, MCI.EuroVentures 1.0., on Netrisk's acquisition of a 100% stake in Biztositas.hu Biztositasi Alkusz Kft., a Hungarian online insurance agent.

Obtaining a concentration permit from the Hungarian Anti-monopoly Office, which was issued on 12 December 2019, was the prerequisite of the transaction. The transaction was partly funded by a loan granted by Bank Gospodarstwa Krajowego.

Biztostasi Alkusz provides access to an Internet platform that allows customers to compare insurance, banking, and telecom products.

Deloitte Legal's team consisted of Partners Pawel Moskwa, Agnieszka Ziolek, and Karol Kicun, Senior Associate Diana Sofu, and Managing Associate Mariusz Banas.

Deloitte Legal did not reply to our inquiry on the matter.

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.

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