Skip to main content

Benson Oak Capital Sells Online Broker Klikpojisteni To TA Associates

Benson Oak Capital have sold 100% of their stake in, a.s. to a company majority owned by TA Associates and minority owned by MCI EuroVentures, a technology investment fund.

Klik operates a leading online insurance brokerage in the Czech Republic and Slovakia under domain names and, with offices in Prague, Usti nad Labem and Bratislava. The buyer of Klik also owns Netrisk, which operates and, two Hungarian online insurance brokerages. and will thus become key components of Central European Online Insurance Brokerage Group alongside and

Benson Oak and other investors funded Klik from its inception in 2011, and supported the company with multiple rounds of investment. Major Klik shareholders will become minority shareholders in the combined group, a sign of their continued commitment and belief in the team and the market.

Gabriel Eichler, the founder of Benson Oak, said: “We are very proud of what Klik has achieved, and pleased to have assisted in its evolution from a start-up to a leading brand in the burgeoning online insurance market in the region, employing over 120 people in the Czech Republic and Slovakia. Klik will have the opportunity to grow further and provide increasing value to its customers in partnership with Netrisk and under the leadership of TA Associates, one of the global leaders in growth private equity.”

Maxime Cancre, Senior Vice President at TA Associates, said: “We believe the combination of Klik and Netrisk creates a leading online insurance brokerage platform across three countries in the Central and Eastern European region, in line with TA’s strategy when we invested in Netrisk in January 2020. We are excited to bring Andrew Fuchs, the Klik team and the business into the Netrisk group.”

CORPIN served as financial advisers and Weinhold as legal advisers to the Sellers on the transaction.

© The Sortino Group Ltd

All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.