Category: Deals and Cases

CMS has advised Synlab International on the sale of its business activities in Eastern Europe – including its entities in Croatia, North Macedonia, Romania, Slovenia, Turkiye, and Cyprus – to Medicover Group. Schoenherr advised Medicover.

Synlab International is a provider of medical diagnostics in Europe.

Medicover Group is a European healthcare and diagnostic services company operating numerous outpatient clinics, hospitals, laboratories, and blood collection points. According to CMS, this transaction is part of Synlab’s overarching strategy to densify its network and focus on markets offering attractive strategic perspectives for its future development.

The CMS team included Croatia-based Managing Partner Gregor Famira, Partner Marija Zrno Prosic, and Lawyers Manuel Kralj and Dina Celikovic, North Macedonia-based Partner Marija Filipovska Jelcic, Senior Lawyer Aleksandar Josimovski, and Lawyer Aleksandar Kralevski, Romania-based Partner Rodica Manea, Senior Counsel Claudia Nagy, Counsel Raluca Ionescu, Senior Associate Alexandru Dumitrescu, and Associates Simona Strava-Stoica, Rares Crismaru, and Aura Georgiana Marina, Turkiye-based Partner Done Yalcin, Senior Associate Merve Akkus, and Associate Arda Ozkan, as well as Slovenia-based Partner Sasa Sodja, Senior Associate Martina Mahnic Smole, and Lawyer Gasper Hajdu as well as further team members in Germany.

The Schoenherr team included Austria-based Partner Markus Piuk, Counsel Stephan Roedler, and Associate Alexandra Jelinek, Romania-based Partners Monica Cojocaru and Georgiana Badescu, Managing Attorneys at Law Cristiana Manea and Mihaela Popescu, Senior Attorney at Law Simona Lehniuc, and Attorney at Law Sabina Aionesei, Zagreb-based Partner Vice Mandaric and Associate Dino Rakic, Skopje-based Attorney at Law Andrea Lazarevska, Slovenia-based Co-Managing Partner Bojan Brezan, Partner Peter Gorse, and Associate Zana Zabnikar, and Turkiye-based Partner Murat Kutlug and Associate Emir Kuris.

DLA Piper has advised arrangers and lenders Erste Group Bank and Raiffeisenlandesbank Niederiesterreich-Wien on the amendment and extension of an originally EUR 130 million term loan facility provided to GTC Galeria CTWA.

The facility is intended for the “Galerija Jurajska” shopping center in Czechostowa, Poland.

The DLA Piper team included Vienna-based Partners Marcell Nemeth and Dimitar Hristov and Senior Associate Lukas Krenn, Warsaw-based Partners Mariusz Hyla and Michal Pietuszko, Senior Associates Lukas Krenn and Anna Tomaszewska, and Associates Milosz Dykacz and Krytian Kurgan.

Orrick has advised StepStone on leading a USD 100 million Series D funding round for Cyberhaven that also saw the participation of Schroders and Industry Ventures.

StepStone is a private markets firm providing investment, portfolio monitoring, and advice to investors.

Cyberhaven is a Palo Alto-based AI-powered data security company. It was founded by Romanians Cristian Zamfir, George Candea, and Radu Banabic and Ukrainians Volodymyr Kuznetsov and Vitaly Chipounov. The funds will be used to expand Cyberhaven’s platform through both M&A and organic innovation and to enhance its market reach via go-to-market investments.

The Orrick team was led by Partner Shawn Atkinson.

Schoenherr and Hogan Lovells have advised PTC on its acquisition of IncQuery Group. Act Legal and Winkler, Barna & Associates reportedly advised the sellers.

Headquartered in Boston, Massachusetts, PTC is a software company that employs over 7,000 people and supports more than 30,000 customers. 

IncQuery Group is a provider of digital engineering solutions for systems engineers. According to Schoenherr, the transaction further expands PTC’s expertise in application lifecycle management, systems engineering, and product lifecycle management, enhancing its support for customers across the industrial, manufacturing, and product development sectors.

The Schoenherr team included Partners Thomas Kulnigg and Christoph Haid, Attorney at Law Niklas Kerschbaumer, Associates Maximilian Czernin, Alexander Giehser, Helene Ecker, and Theresa Dabsch. 

The Hogan Lovells team in Hungary included Partner Sandor Bekesi, Associated Partner Akos Kovach, Senior Associates Gabor Koszo and Zoltan Molnar, Associate Bianka Veres, Junior Associate Helga Horvath, and Trainee Lawyers Petra Kovacs, Gergely Dobos, and Eszter Szemeredy.

RTPR and Karanovic & Partners have advised MidEuropa on the sale of Regina Maria Group to Mehilainen. White & Case advised Mehilainen. Kinstellar advised Blue Sea Capital on the sell-side as well. Reportedly, A&O Shearman’s London office also advised MidEuropa while Bondoc & Asociatii also advised Mehilainen.

The transaction remains contingent on regulatory approval.

According to RTPR, Regina Maria Group is an integrated private healthcare network in Romania, offering a range of multi-specialty outpatient and hospital services through its 300-unit network and serving over two million patients annually. The sale also includes Regina Maria’s sister company, MediGroup, a service provider in the private healthcare market in Serbia. 

Mehilainen is a Finland-based healthcare and social care provider and is a CVC Capital Partners portfolio company.

Blue Sea Capital is an independent private equity firm with offices in Belgrade and Zagreb, focusing on small and medium-sized enterprises in the region.

The RTPR team included Managing Partner Costin Taracila, Partners Alina Stavaru and Roxana Ionescu, Senior Associate Marina Fecheta-Giurgica, and Associate Maria Luca.

The Karanovic & Partners team included Senior Partners Rastko Petakovic and Milos Jakovljevic, Partner Sava Draca, and Junior Associate Anja Karadzic.

The White & Case team included Prague-based Partner Petr Panek, Local Partners Jana Chwaszcz and Magda Olysarova, and Associates Hana Matouskova, Barbora Smekalova, and Lucie Zanaskova, as well as further team members in Abu Dhabi, London, Washington DC, Luxembourg, and Brussels.

The Kinstellar team included Partner Hugh Owen and Senior Associate Bianca Kovacs.

Taylor Wessing has advised Peak on its acquisition by UiPath.

Peak is an inventory and pricing optimization company headquartered in Manchester.

UiPath is an enterprise automation and AI software company founded in Romania.

According to Taylor Wessing, Peak is set to scale its solutions globally as part of UiPath’s next-generation, AI-driven agentic applications powered by large language models.

The Taylor Wessing team was led by London-based Partners Howard Palmer and Elinor Picton.

Taylor Wessing did not respond to our inquiry on the matter.

Kinstellar has advised EMMA Capital Group on its acquisition of Diamedix from Chrelias Vasileios and GED Eastern Fund II – Fondo de Capital de Riesgo, via its subsidiary Emma Zeta.

EMMA Capital Group is a private investment group.

Diamedix is a Romania-based independent medical equipment distributor. According to Kinstellar, the transaction involves the acquisition of Diamedix Impex, along with its five subsidiaries operating in Romania, Moldova, Bulgaria, and Ukraine.

The Kinstellar team included Romania-based Partner Zsuzsa Csiki, Special Counsel Claudia Popescu, Counsel Catalin Graure, Managing Associate Mihai Stan, Senior Associates Ioana Popescu and Cosmin Vasilescu, Associates Teodora Nicoschi, Dana Sarbu, Denisa Constantin, and Alexandra Sofineti, and Junior Associates Cristina Costin and Andreea Vladareanu, Ukraine-based Managing Partner Olena Kuchynska, Of Counsel Ihor Kitela, and Associates Oleksandra Putiienko and Diana Malysh, and Bulgaria-based Managing Partner Diana Dimova and Senior Associate Nikolay Gergov.

Kinstellar could not provide additional information on the matter.

Paksoy, working with Linklaters, has advised Actera Group and Esas Holding on their exit from Mars Spor Kulubu to Benefit Systems. Herguner Bilgen Ucer and Moskwa Jarmul Haladyj advised Benefit Systems.

Mars Spor Kulubu operates in the Turkish fitness club market under the MAC Fit, MAC One, and MAC Studio brands, as well as the NuSPA chain of spa centers.

Benefit Systems is a Polish fitness and employee wellness solutions company listed on the Warsaw Stock Exchange.

The Paksoy team included Partner Ayse Demirel Atakan and Associate Meric Sacak Albas.

The Linklaters team included Partner Daniel Cousens and Managing Associate Michal Szperzynski.

The Herguner Bilgen Ucer team included Partner Senem Denktas, Senior Associates Sertac Cosgun and Hazar Basar, and Senior Competition Consultant Nese Nur Yazgan.

The MJH team included Partners Lukasz Blazejczyk and Pawel Moskwa.

Brandl Talos has advised Xund on a EUR 6 million pre-series A financing round led by Lead Ventures with participation from J&T Ventures and existing investors MassMutual Ventures, TBA network, and Lana Ventures. Herbst Kinsky, and reportedly Erdos Partners, advised Lead Ventures.

Xund is an Austrian healthtech start-up specializing in AI-powered medical software to digitize the patient journey.

The Brandl Talos team included Partner Adrian Zuschmann and Senior Associate Elena Ciresa.

The Herbst Kinsky team included Partners Sonja Hebenstreit and Wolfgang Schwackhoefer and Attorney at Law Alexander Lotz.

Dentons has advised Komercni Banka on acquiring a 49.9% stake in SG Equipment Finance Czech Republic from Societe Generale Equipment Finance. Jones Day and Schoenherr advised Societe Generale. White & Case reportedly advised SGEF owner BPCE.

According to Dentons, combined with KB’s existing 51.1% stake, this transaction makes KB the 100% owner of SGEF CR. The parties have chosen not to disclose the transaction value.

Moreover, Dentons reports that the deal closed in parallel with Societe Generale’s sale of its equipment financing activities – excluding those in the Czech Republic and Slovakia – to BPCE, a French financial group.

SGEF CR provides finance leases, operating leases, and loans (including subsidized support) to finance investments in industrial equipment, modern technologies, transport, agricultural equipment, and healthcare.

The Dentons team included Prague-based Partners David Simek and Petr Zakoucky, Senior Associate Tomas Pavelka, Associate Anna Kolodrubcova, and Junior Associates Krystof Vrtek, Dusan Korbel, and Robert Kveton as well as Paris-based Partner Olivier Genevois.

The Schoenherr team included Warsaw-based Partners Pawel Halwa and Weronika Kapica and Prague-based Partner Vladimir Cizek and Attorneys at Law Jiri Marek, Jan Kupcik, Kristyna Tupa, and Natalie Dubska.