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News from Members Dentons advises Ciklum on acquisition of software developer CN Group

Dentons advises Ciklum on acquisition of software developer CN Group

by Dentons September 14, 2021

Website www.dentons.com

Global law firm Dentons advised Ciklum, a global product engineering and digital services company, on its acquisition of CN Group, a Czech-based software development firm, from Genesis Capital, one of the leading private equity funds in Central and Eastern Europe (CEE). The parties have agreed not to disclose the deal value.

CN Group is a leader in nearshore agile software development with professional engineering teams in the Czech Republic, Slovakia and Romania, and five nearshore delivery locations in central Europe. It focuses on software engineering, IT consulting and mechanical design engineering, serving customers across more than seven markets.

Ciklum is a global player that works with leading brands across 30+ countries. Through this acquisition, the combined company will become one of the largest digital transformation providers in the CEE region.

Partners Petr Zákoucký and Adam Mycyk and associate Vojtěch Novák led Dentons’ legal team on the transaction. The team included associates Michael Mráček, Anna Urbanová, Petr Műller, Radek Novák, Jan Sedlák, Justina Bodláková, Jan Tylš, Michal Pelikán, Tomáš Jonáš, Tomáš Syrový and Barbora Obračajová in Prague; partner Claudiu Munteanu Jipescu, counsel Argentina Rafail and Cristina Marcu, and senior associate Luiza Onofrei in Bucharest; and counsel Linda Mendelová, associates Jan Dulovic, Sona Kurillová and paralegal Michal Distler in Bratislava.

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About Dentons

Dentons is the world's largest law firm, connecting talent to the world's challenges and opportunities in 80 countries. Dentons' legal and business solutions benefit from deep roots in our communities and award-winning advancements in client service, including Nextlaw, Dentons’ innovation and strategic advisory services. Dentons' polycentric and purpose-driven approach, commitment to inclusion and diversity, and world-class talent challenge the status quo to advance client and community interests in the New Dynamic.

Dentons’ legal team in Bucharest, under the leadership of Managing Partner Perry Zizzi, provides its clients with a results-oriented approach and efficient legal solutions. In over two decades of activity in Romania, the Firm has advised on cornerstone deals for domestic and international clients across multiple sectors. Key practice areas include Banking and Finance, Real Estate, Corporate, Employment, Energy and Infrastructure, Competition and Litigation.

www.dentons.com

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