TA Associates-backed Netrisk to acquire Klik from Benson Oak Capital.

TA Associates-backed Netrisk, an online insurance brokerage firm in Hungary, agreed to acquire Klik, an online insurance broker, from Benson Oak Capital, a private equity firm. Financial terms were not disclosed. “Klik has achieved a great deal since it was founded nine years ago, delivering impressive sales growth while consistently being the most innovative player in its local markets. I believe that the investment of a global private equity firm, such as TA Associates via Netrisk, is proof of the strength of our business and its continued importance in the Czech and Slovak insurance markets. Through the combination of our efforts and in partnership with a regional leader like Netrisk, I believe that we will be able to grow significantly in the coming years,” Andrew Fuchs, Klik Founder, CEO and Chairman.