Rymarz Zdort Maruta advises Innova Capital on acquisition of Punkta Group

We are pleased to announce that we advised Innova Capital on the acquisition of Punkta Group, a corporate insurance distribution and services company.

Upon the completion of the transaction, Punkta Group will be renamed ISON Group. ISON is one of the most respected insurance service providers in Poland. The investment was also supported by the European Bank for Reconstruction and Development.

Innova Capital is an independent private equity adviser operating from Poland and investing in majority buyouts in mid-sized enterprises doing business in Central and Eastern Europe. Since its inception in 1994, Innova Capital has invested close to EUR 1.5 billion in almost 80 companies across 10 countries in the region. Innova was recognized by the Polish Private Equity and Venture Capital Association (PSIK) as PE Management Firm of the Year 2023 & 2024.

ISON Group (formerly Punkta Group) is a group founded in 1995 as BIK Brokers that has undergone significant transformation due to aggressively seeking to enter other segments of the insurance services sector, as well as international expansion. It is currently one of the leading independent insurance brokerage groups in Poland and is responsible for an aggregate GWP of over PLN 500 million for corporate clients. 

“We would like to sincerely thank the client for their trust and the opportunity to work together on this significant transaction, which transaction marks what is only the beginning of Innova Capital’s expansion in the growing and consolidating insurance distribution and complementary services sector in the CEE region. We would like to congratulate all of the involved parties and their advisors” – says Jacek Zawadzki, a partner in the M&A department of the law firm of Rymarz Zdort Maruta.

The work of the transaction team was led by Jacek Zawadzki (partner). The transaction team consisted of Aleksander Jakubisiak (senior associate), Małgorzata Banaszkiewicz (senior associate) and Magdalena Kos (associate).

Advice on seeking the consent of the President of the Office of Competition and Consumer Protection to the transaction was provided by a team composed of Iwona Her (partner) and Karolina Chudy (associate), and IP-related matters were handled by Aleksandra Modzelewska (senior associate).