PHH Rechtsanwält:innen is advising the Ascendia Group on its market entry and expansion in Austria, the firm announced on 12 October 2026. Ascendia, a group specialising in the consolidation of insurance brokers, is building a platform for independent insurance brokers in Austria.
The PHH team is led by Counsel Wolfgang Guggenberger (Corporate/M&A). It includes Philip Rosenauer (Partner, Corporate/M&A), Rainer Kaspar (Partner, Corporate/M&A), Matthias Fucik (Counsel, Corporate/M&A), Nikolaus Pfau and Lukas Sommer (both Rechtsanwaltsanwärter, Corporate/M&A), Nicolaus Mels-Colloredo (Partner, employment law), Brigitte Zweng (Rechtsanwaltsanwärterin, employment law), Julia Fritz (Partnerin, real estate law), Hafize Stöhr (Rechtsanwältin, real estate law), Stefanie Werinos (Partnerin, public commercial law) and Theresa Karall (Rechtsanwältin, public commercial law and data protection).
Chambers and Co. since 2004.
According to the firm, PHH has advised Ascendia on its Austrian activities for twelve months. The roll-out began with the acquisition of Zorn Versicherungsvergleiche GmbH as a platform transaction, followed by more than ten further acquisitions of insurance brokers in the SME and private client segments. The mandate covers transaction structuring, related reorganisations, legal due diligence, transaction documents, the adaptation of a group-wide reinvestment programme to Austria and general employment and corporate law advice.
The Austrian roll-out is part of Ascendia’s cross-border buy-and-build strategy to build an insurance broker platform across the DACH region. The company is financed by Hg Capital. PHH worked alongside RSM Ebner Stolz and Latham & Watkins.
For detailed information, as well as the picture copyright, please see the law firm’s original article here: https://phh.at/phh-beraet-ascendia-gruppe-beim-markteintritt-und-ausbau-in-oesterreich/
