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Dentons Advises ARX Equity Partners on TMX Mobile Solutions Acquisition

Dentons Advises ARX Equity Partners on TMX Mobile Solutions Acquisition

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The Budapest office of Dentons has advised ARX Equity Partners on the acquisition of a majority stake in TMX Mobile Solutions from Kekbegy Property Kft. Solo practitioner Ivan Varga advised Kekbegy Property. 

ARX will partner with the senior management of TMX Mobile Solutions, a Hungarian mobile device repair business, which retains a minority stake The acquisition was completed on July 2, 2018. The deal value is not disclosed.

“We are excited to welcome ARX as an experienced partner that has a track-record in supporting domestic Central European leaders on their journey toward regional expansion and internationalisation,” said Balazs Kotanyi, majority owner of TMX.

The Dentons team was led by Partner Edward Keller and included Associates Reka Szaloky and Nora Jakab.

 

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

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The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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