MLL advises i-surance shareholders on the sale of all shares to bolttech
MLL advised the shareholders and the management of i-surance on the sale of all shares to bolttech, technology-enabled ecosystem for protection and insurance. The transaction is part of bolttech’s ambitious international expansion strategy and follows its recent successful closing of the largest ever insurtech Series A funding round, giving the company unicorn status.
i-surance is a next-generation B2B2C insurance platform that combines all the benefits of digital insurance. The customized end-to-end solutions include product development, product innovation as well as claims management.
The acquisition of i-surance represents the next stage of bolttech’s international growth strategy and acceleration of its European build-out. bolttech is now present in 15 countries in Europe, and 26 markets globally following the acquisition.
MLL advised the shareholders and the management of I-surance on all legal and tax aspects of this transaction. The team was led by Daniel Schoch (partner, corporate and m&a, pictured) and included Thomas Nabholz (tax) Alexandra Linder (senior associate corporate and m&a) Sadri Hoti (associate, Corporate and m&a) and Fabrizio Wyss (junior associate).
Capital Concepts International, led by Jennifer Maag, acted as financial advisor to the sellers.