Wolf Theiss

Wolf Theiss advised TA Associates on Investment in Netrisk.hu

Budapest, 10 January 2020 – Wolf Theiss Budapest was involved on buy side acting for TA Associates on its investment in Netrisk, Hungary's leading online independent insurance marketplace.

TA Associates invested alongside existing investor the MCI Capital Group, which first invested in Netrisk in December 2017. 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. Wolf Theiss provided Hungarian law advice, the lead counsel was Travers Smith LLP, London.  Netrisk and the MCI Capital Group were advised by Deloitte Legal.

The Wolf Theiss team was led by Partner János Tóth and the core team comprised associates Márk Chiovini and Kinga Kajcsos.

"The transaction involved a complex equity capitalization and corporate restructuring as well as external financing combined with repayment of existing debt, all taking place on the same day signing and completion", explains János Tóth, partner Wolf Theiss Budapest, the complexity of this transaction.

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 senior associate Will Sheridan and associate Michael Leadbeater.

 

For further information please contact

Barbara Fürchtegott
Barbara
Fürchtegott
Public Relations & Communications Manager
T. +43 1 51510 3808
Schubertring 6
1010 Vienna
Austria

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