JSK has advised CVI on its bond financing investment in the parent company of the Algotech Group. GT Legal advised the Algotech Group.
Algotech is a Prague-headquartered IT company focused on contact centers, telecommunications software and hardware, enterprise information systems, cloud, CRM, GDPR, ServiceDesk, and data center services and solutions. According to JSK, the Algotech Group intends to use the funds for its further investments in innovative technologies.
CVI is an asset manager that focuses on investments in small and medium enterprises as well as real estate projects in Poland and other countries in Central and Eastern Europe.
"The Algotech Group is built on a solid foundation, and we believe, based on detailed analysis, that the group will continue to grow," CVI Partner Radoslav Tausinger commented.
JSK previously advised CVI on its investment in the Saunia Group, also through a bond financing (as reported by CEE Legal Matters on August 23, 2022).
The JSK team was led by Partner Tomas Dolezil and included Senior Associate Daniel Pospisil, Associate Jan Koprnicky, and Junior Lawyer Vojtech Pospisil.
The GT Legal team was led by Partner Lukas Zahradka and Attorney-at-Law Michaela Horvathova.