JSK has advised Poland's R22 Group on its acquisition by auction of a 100% stake in ProfiSMS s.r.o. and its two Czech fully-owned subsidiaries, Axima SMS Services s.r.o. and SMSbrana s.r.o. The sellers – Net Brokers Holding, which is owned by the Bauer Media Group – were represented by Noerr.
According to JSK, the R22 group, which is based in Poznan, Poland, "is a dynamically growing holding of technological companies ... pursuing business activities in e-commerce and employing more than 150 specialists throughout [Poland]. The group focuses on scalable services offered on the basis of a subscription model and SaaS (Software as a Service). Business operations are run as part of a whole chain of values – from creating own solutions, through their technological maintenance and development, to comprehensive sales and customer service.”
JSK described ProfiSMS as "a provider of telecommunication services in the form of text messages for authentication and advertising purposes active on the Czech and Slovak markets, specializing in the highest quality message delivery over direct operator connections and using alpha sender ID.”
JSK’s team was led by Partner Tomas Dolezil and included Senior Associates Helena Hailichova and Hana Cislerova and Junior Lawyers Tomas Benes and Sebastian Speta.
Noerr's team included Partner Barbara Kusak and Senior Associate Michal Janicek.
Wood & Co provided financial advice to Net Brokers Holding.