JSK has advised Credit Value Investments on its investment in the Saunia Group through a bond financing. BDO Legal reportedly advised Saunia.
According to JSK, "Saunia used the funds to pay other liabilities and for further development."
CVI is an asset manager that focuses on investments in small and medium enterprises, as well as real estate projects in Poland and other countries in Central and Eastern Europe.
Saunia is a sauna-focused wellness company in the Czech Republic, with a network of 16 branches.
Editor's Note: After this article was published, BDO Legal confirmed it had advised Saunia. The firm's team was led by Partner Stepan Klecek.
Majernik & Mihalikova also announced that it had advised CVI on Slovak law-related matters. The firm's team included Partner Katarina Mihalikova, Of Counsel Michal Ranostaj, and Senior Associate Michaela Lipkova.