CMS has advised AnaCap Financial Partners on its sale of the Equa Bank to Raiffeisen Bank International, acting through its Czech subsidiary. Havel & Partners and Linklaters advised the buyer on the deal.
Financial details of the transaction were not disclosed.
AnaCap Financial Partners is a London-based privately held investor in the financial services sector. Since its establishment in 2005, AnaCap has raised more than EUR 4.5 billion in Capital.
Equa Bank is a Czech full-service bank that primarily focuses on private individuals and SME businesses.
The CMS team was led by UK Partner Dipesh Santilale and included Partner Paul Edmondson, Senior Associate Jamie Burgess, and Associate Jennifer Ross, and Prague-based Managing Partner Helen Rodwell, Counsel Patrik Przyhoda, Senior Associate Lukas Valusek, and Associate Stepan Havranek.
The Havel & Partners team consisted of Partner Jan Koval and Counsel Petr Dohnal.
Editor's Note: After this article was published, PRK Partners informed us that it had advised Equa Bank and its management in connection with the sale. The firm's team was led by Partner Radan Kubr, working with Attorney at Law Milan Sivy. According to PRK Partners, "the settlement of the transaction is conditional on satisfaction of usual conditions precedent, including obtaining requisite regulatory approvals."