Assistance to Solitea in the acquisition of Mainstream
Our advice consisted primarily in conducting due diligence of Mainstream and Powerstream, preparing and negotiating acquisition documentation, and assessing the competitive aspects of the entire transaction.
Mainstream has been on the market for more than 15 years and provides, for example, consulting for communication and collaboration, assistance with digital transformation and adoption, design and implementation of hybrid cloud infrastructure and cyber security consulting from evaluation to implementation of security solutions using artificial intelligence.
Solitea employs over 1,000 employees in seven countries and has over 260,000 customers in 15 countries in the European region, and has long been one of the fastest growing IT companies in the region. In recent years, Solitea has made a number of significant acquisitions of IT companies with the assistance of KŠB (e.g. Altus software, Aquasoft, Axiom, BI Experts, CDL SYSTEM, Clever Decision, D3Soft, Dotykačka, Dynamica, GEMMA Systems, or Vema).
For more information, see Solitea's press release here (only in Czech).
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
