VJT & Partners has advised WTS Klient on its sale of a majority stake in Klient Holding to ARX Equity Partners. Baker McKenzie advised the buyer.
WTS is a network of consulting firms represented in more than 100 countries worldwide. WTS Klient Hungary is a member of the WTS group, providing a business consultancy service to international and Hungarian companies.
Headquartered in Prague, ARX is a private equity firm operating in Central Europe.
"By acquiring an interest in WTS Klient we have invested in a new and dynamically developing industry that fits well into the investment portfolio of ARX Equity Partners," ARX Partner Bela Lendvai-Lintner commented. "We are confident that WTS Klient, with its client base and highly trained experts, will push further forward on the list of Hungary’s leading tax and financial advisory firms."
The VJT & Partners team included Partner Andras Lovretity and Associate Nandor Beck.
The Baker McKenzie team included Senior Counsel Pal Takacs and Senior Associate Daniel Orosz.