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Press Release Press Release

Wolf Theiss advises TA Associates on acquisition of Klikpojisteni.cz

While Travers Smith acted as the Lead Counsel, our team advised on all legal aspects of the transaction in the Czech Republic and Slovakia, where Klik is a leading market player. Our work included international corporate and tax structuring advice, due diligence and transaction support through all phases of the transaction and included aspects relevant for TA Associates’ affiliates in Hungary.

“Wolf Theiss had advised on a range of complex cross-border and corporate restructuring aspects under Czech Republic, Slovak and Hungarian law, as well as compound transaction documentation bearing in mind the Client’s existing regional footprint,” says Tereza Naučová, Counsel, Corporate/M&A, at Wolf Theiss Prague, who led the transaction.

The core team was further comprised of Kateřina Kulhánková (Senior Associate, Prague), Filip Michalec (Senior Associate, Prague), Katarína Bieliková (Partner, Bratislava), Ivana Hovancová (Associate, Bratislava), János Tóth (Partner, Budapest) and Péter Ihász (Associate, Budapest).

The Travers Smith team was led by Co-Head of Corporate and Private Equity & Financial Sponsors Head and Partner, Paul Dolman, assisted by Associates Matt Powrie and Hattie Langworth. Finance advice was provided by Finance Partner Donald Lowe, assisted by Associate Michael Leadbeater.

Earlier this year, Wolf Theiss advised TA Associates on its investment in Netrisk, Hungary’s leading online independent insurance marketplace. TA Associates invested alongside the existing investor MCI Capital Group, which first invested in Netrisk in December 2017. See the press release here.

TA Associates is one of the most experienced global growth private equity firms, having raised USD 33.5 billion in capital since its founding in 1968, and has a long history of investing in companies focused on the digital economy. Klik is a leading Czech and Slovakian online insurance brokerage that offers clients the opportunity to compare prices of both life and non-life insurance.

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