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CMS and Kinstellar Advise on Marsh’s Sale of Insia to Unilink

CMS and Kinstellar Advise on Marsh’s Sale of Insia to Unilink

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CMS has advised Marsh on its sale of an 80% stake in Insia to the Unilink Group. Kinstellar advised the buyer.

According to Kinstellar, "together with its recent acquisitions of Safety Broker in Romania and Moldova and I&G Brokers in Bulgaria, Unilink has created the largest insurance distribution platform in six CEE countries, with a volume of premiums brokered of EUR 1 billion."

"Unilink’s philosophy in building the group in CEE is to work with the founders of the respective companies as they know the local markets best and retain their entrepreneurial mindset," CMS reported. "Ivan Spirakus will therefore remain a minority shareholder in Insia and will continue as the company’s CEO."

Insia is an insurance and mortgage broker operating in the Czech Republic and Slovakia.

Marsh is an insurance broker and risk advisor.

The CMS team included Managing Partner Helen Rodwell, Associates Pavel Kocian and Tristan O’Connor, and Lawyer Huyen Vuova.

The Kinstellar team was led by Partner Jan Juroska and Managing Associate Michal Kniz and included Counsel Martina Brezinova, Managing Associate Petr Bratsky, Senior Associate Dasa Labasova, and Associate Denisa Simanska.

CMS at a Glance

CMS Sofia is a full-service law firm, the largest international law firm in Bulgaria and one of the largest providers of legal services in the local market as a whole. The breadth and depth of our practice means that our lawyers are specialised, with a level of specialisation that few of our competitors can match.

CMS Sofia is the Bulgarian branch of CMS, a top ten global legal and tax services provider with over 5000 lawyers in 43 countries and 78 offices across the world.

CMS entered the Bulgarian market as one of the first internationally active law firms in 2005 and is now among the most respected legal advisors in the country. We have 7 partners, 4 counsel and over 30 lawyers in our office in Sofia.

Our legal experts, who are rooted in Bulgaria’s local culture, can also draw on years of experience in foreign countries and are at home in several legal systems at once. We know the particularities of the local market just as well as the needs of our clients and combine both to achieve optimum solutions. Our lawyers are Bulgarian qualified and we also have English qualified experts – all of them regularly working on cross-border mandates.

In our work, we focus on M&A, Energy, Projects and Construction, Banking and Finance, Real Estate, Media, IP and IT law, Tax, Employment law, Competition, Procurement and any kind of Dispute resolution, including arbitration and mediation. What’s more, we also take care of the entire legal management of our clients’ projects.

Firm's website.