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KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

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Kocian Solc Balastik has advised Solitea on its acquisition of Mainstream Technologies and its parent company Powerstream. Oswaldova & Partners Advokatni Kancelar reportedly advised the seller.

Mainstream Technologies is a provider of communication and collaboration consulting, cybersecurity consulting, digital transformation assistance, and hybrid cloud infrastructure implementation services. According to KSB, Powerstream is “one of the most important partners of the global technology company Microsoft.”

Solitea is a Czech software developer that provides invoicing, bookkeeping, data analytics, and other services to small, medium, and large companies. According to KSB, the company employs more than 1,000 people in seven countries and serves over 260,000 customers in 15 countries in Europe.

Recently, KSB also advised Solitea on its acquisition of digital platforms developer D3Soft (as reported by CEE Legal Matters on March 22, 2021).

KSB’s team included Partner Drahomir Tomasuk and Lawyer Jan Beres.

Oswaldova & Partners Advokatni Kancelar’s team was reportedly led by Petr Jahelka.

Editor's note: After this article was published, Oswaldova & Partners confirmed its involvement for CEE Legal Matters. The firm's team also included Lawyers David Zavadil and Jan Novotny.