JSK has advised the shareholders of Cloud4Com on the sale of a 70% stake in the company to Autocont a.s. Glatzova & Co. reportedly advised the sellers.
Cloud4com, a.s. is a provider of data center infrastructure, known as Infrastructure as a Service (IaaS) for small and medium-sized enterprises in the Czech Republic and Slovakia. Autocont a.s. is a Czech company belonging to the KKCG Group that has been introducing and operating useful information technologies on the Czech and Slovak markets for over 25 years. It focuses on providing IT solutions and services for corporate clients and government. The sale of the majority stake follows a 2015 transaction in which KKCG acquired a minority stake in Cloud4Com.
The JSK team was led by Partner Tomas Dolezil, working with Senior Associate Helena Hailichova and Junior Lawyer Tomas Benes.