Innova Capital Acquires Punkta Group, Rebrands as ISON Group
Deal News | Mar 21, 2025 | CEE Legal Matters
Rymarz Zdort Maruta and Clifford Chance have facilitated a significant transaction in the insurance industry, advising Innova Capital on their acquisition of Punkta Group from Pollen Street Capital. The acquisition, supported by the European Bank for Reconstruction and Development, leads to the rebranding of Punkta Group as ISON Group, marking a strategic move to position ISON as a leading independent insurance brokerage in Poland. With a Gross Written Premium surpassing PLN 500 million for corporate clients, ISON is set to significantly impact the Polish insurance market. The transaction involves a comprehensive disposal of various subsidiaries across Poland and Slovenia. The legal teams from both advisory firms are composed of a range of partners, senior associates, and associates, showcasing a cross-border collaboration between Poland and Slovenia.
Sectors
- Insurance
- Private Equity
- Legal Services
Geography
- Poland – The core of the transaction revolves around Punkta Group, a Poland-based company, with emphasis on the national insurance market.
- Slovenia – Part of the acquired assets include Slovenia-based subsidiaries, highlighting the transaction's cross-border nature.
Industry
- Insurance – The acquisition involves the insurance sector, focusing on corporate insurance distribution and brokerage services.
- Private Equity – Innova Capital, a private equity fund manager, is the acquiring entity, indicating activities related to investment and portfolio management in the private equity market.
- Legal Services – Legal services are prominently featured through the advisory roles of Rymarz Zdort Maruta and Clifford Chance in the transaction process.
Financials
- PLN 500 million – The Gross Written Premium for ISON Group's corporate clients following the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Innova Capital | Acquirer | Company | A growth equity fund investment manager acquiring Punkta Group. |
| Punkta Group | Target Company | Company | A corporate insurance distribution and services company being acquired. |
| Pollen Street Capital | Seller | Company | The selling party of Punkta Group to Innova Capital. |
| Rymarz Zdort Maruta | Legal Advisor to Acquirer | Company | Provided legal advice to Innova Capital on the acquisition of Punkta Group. |
| Clifford Chance | Legal Advisor to Seller | Company | Provided legal advice to Punkta Group on the transaction. |
| European Bank for Reconstruction and Development | Supporter | Company | Supported the acquisition transaction. |