Summitas Group takes over David Versicherungskontor

Kiel — GÖRG, led by Munich part­ners Dr. Phil­ipp Grzimek and Dr. Bern­hard Guthy, advi­sed Summi­tas Gruppe GmbH on the acqui­si­tion of Kiel-based David Versi­che­rungs­kon­tor GmbH & Co KG, which was foun­ded in 1958 and is owner-mana­­ged. The insu­rance broker specia­li­zes in insu­ring risks for commer­cial and private customers. 

Summi­tas Group was foun­ded in 2022 through a joint venture between JDC Group AG, Bain Capi­tal Insu­rance and Canada Life and is an inte­gra­ted indus­trial and commer­cial insu­rance broker with a broad range of products and services to manage its custo­mers’ under­wri­ting risks. The acqui­si­tion streng­thens the Summi­tas Group’s market posi­tion in the compo­site busi­ness and expands its acti­vi­ties in the Nort­hern Germany region. 

Lutz Rich­ter, CEO of the Summi­tas Group, commen­ted on the acqui­si­tion: “We are deligh­ted to have gained David Versi­che­rungs­kon­tor GmbH & Co. KG as a part­ner, a very well-mana­­ged company from the nort­hern German region with a high level of accep­tance, a large custo­mer network and strong broking exper­tise in the real estate business.”

Stefan David, long-stan­­ding mana­ging part­ner of David Versi­che­rungs­kon­tor GmbH & Co. KG, added: “My team and I are looking forward to driving forward our consis­tent growth in the nort­hern region under the umbrella and with the support of the Summi­tas Group.”

GÖRG’s advice on the tran­sac­tion is one of many successful tran­sac­tions of the Summi­tas Group in which the company relies on the exper­tise of the lawy­ers around part­ners Dr. Phil­ipp Grzimek and Dr. Bern­hard Guthy.

Advi­sor Summi­tas Group: GÖRG Part­ner­schaft von Rechts­an­wäl­ten mbB 

Dr. Phil­ipp Grzimek LL.M. (Lead, Part­ner, Corpo­rate / M&A, Munich)
Dr. Bern­hard A. Guthy, LL.M. (Lead, Part­ner, Corpo­rate / M&A, Munich)
Dr. Jochen Lehmann (Part­ner, Insu­rance Law, Cologne)
Dr. Julian Stas­sek (Asso­ciate Part­ner, Employ­ment Law, Munich)
Nora Dibbert (Asso­ciate Part­ner BWLS, Tax Law, Hamburg)
Jonas Bött­ger (Asso­ciate, M&A, Munich)