Freshfields advising Verisk on the acquisition of ACTINEO
Freshfields Bruckhaus Deringer is advising Verisk (Nasdaq:VRSK) on its acquisition of ACTINEO, a leading Germany-based international InsurTech business, from The Riverside Company and founder, Olav Skowronnek.
ACTINEO is active in Germany, Austria, France, Spain and Italy and offers a portfolio of services, technology and data solutions to support the bodily injury settlement process. Verisk, which is based in Jersey City, New Jersey, is a leading global data analytics provider serving customers in insurance, energy, financial services, and specialised markets. The transaction includes ACTINEO’s majority stake in ANTEVIS, a joint venture which offers digital services for the medical codification and assessment of medical malpractice injury claims in Europe.
The completion of the transaction is subject to customary closing conditions.
The multi-jurisdictional Freshfields team acting for Verisk Analytics comprises Lars Meyer, Laura Frühauf, Christoph Becherer and Pany Markou (Corporate/M&A), Frank Schaer (People & Reward), Theresa Ehlen and Marius Scherb (IP/Commercial), Christoph Werkmeister and Alexander Bothe (Data), Frank Röhling, Bertrand Guerin, Lukas Pomaroli, Marie-Theres Urban, Aude Guyon, Maud Chanover, Ermelinda Spinelli and Filomena Crispino (Competition and Foreign Investment), David Schwintowski and Bastian Schuster (Insurance Regulatory), Thomas Jörgens and Inga Hogrefe (Finance), Alexander Schwahn, Jan Hobus and Andrea Strackerjan (Tax) as well as Kerim Siai (Transaction Support).