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Eversheds Sutherland Advises Hartenberg Capital on Sale of Stake in FutureLife to CVC

Eversheds Sutherland Advises Hartenberg Capital on Sale of Stake in FutureLife to CVC

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Eversheds Sutherland has advised Hartenberg Capital on its minority stake divestiture and agreement with CVC Capital Partners for a co-controlling holding in FutureLife.

The transaction remains contingent on regulatory approval.

Established in 2013, Hartenberg Capital is a Prague-based investment company focusing on assets in the Central European region, primarily the Czech Republic, Slovakia, and Poland.

Prague-headquartered FutureLife is a pan-European provider of in vitro fertilization and related genetics services, with a presence across eight European markets including the Czech Republic, Ireland, Netherlands, Finland, the United Kingdom, Romania, Slovakia, and Estonia.

"FutureLife is an exciting story that traces its roots back to an idea in 2013 to build a European IVF leader," Hartenberg Capital Managing Partner Jozef Janov commented. "FutureLife has since completed 22 acquisitions in eight countries including the recent acquisition of Nij Group in the Netherlands. At this stage in the development of the company and market, we believe it is the right time to take a new partner on board for FutureLife that can work alongside us. We consider CVC to be the right partner with whom we can accelerate towards our goal of becoming the largest and highest quality women’s health platform globally."

The Eversheds Sutherland team was led by Czech-based Counsel Michal Hrabovsky and Ireland-based Partner Gavin O’Flaherty and included:

In the Czech Republic, Counsels Marek Bomba and Petra Kratochvilova, Senior Associates Michal Ruzicka and Ondrej Benes, Associates Ondrej Sudoma, Paulina Machacova, Katarina Jendzelovska, and Jiri Brabec, Junior Associates Maros Kandrik, Martina Vodickova, Karolina Rechtorovicova, Barbora Bugova, and Jan Kohl;

In Romania, Managing Partner Cristian Lina, Partner Carolina Baloleanu, Senior Associate Irina Stoicescu, and Lawyer Iulia Maria Moldovan;

In Estonia, Managing Partner Maivi Ots, Senior Associate Kadri Kasepalu, Lawyers Siim Olev and Kristi Joemets, and Associate Marja-Stina Saaliste;

In Slovakia, Managing Partner Bernhard Hager, Counsel Jana Sapakova, Senior Associates Petra Markova, Katarina Brath Liebscherova, and Maria Sadlonova, and Associates Dasa Derevjanikova and Filip Kozon;

In the UK, Partner Steven Hacking, Principal Associates Vanessa Challenger and Philip Crosbie, Senior Associate Rachel Lester, and Associates Meghan Bryson, Harry Taylor, and Aimee Southall;

In Finland, Partner Hannu Rintala, Associates Petra Nieminen and Else Leppanen, Junior Associate Matti Jonkka, and Trainee Fanny Pajuniemi;

And, in Ireland, Corporate Associates Sophie Dudley and Conor Bell, Senior Associate Michelle Stewart, Associates Michael Twomey and David McKeating, and Solicitor Sophie Delaney.

Eversheds Sutherland did not respond to our inquiry on the matter.

Czech Republic Knowledge Partner

PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region.

PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets.

Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business.

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Firm's website: www.prkpartners.com

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