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DLA Piper Advises on Acquisition of Ukrainian Online Payment Company

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DLA Piper has advised Europe Virgin Fund (EVF), a private equity fund sponsored by Dragon Capital, in the acquisition of the majority stake in Portmone.com, the leading Ukrainian system of online payments.

The DLA Piper team was led by Illya Muchnyk (legal director) and Margarita Karpenko (managing partner of DLA Piper in Ukraine). Associates Dmytro Pshenychnyuk (Finance & Projects) and Dmytro Tkachenko (Corporate) assisted on the transaction.

Andrey Nosok, managing director of the private equity department at EVF added: "With our investment, we intend to bring a new energy for the further development of the company. The primary focus will be to attract new clients, the design of new services, as well as introducing a more user-friendly system."

DLA Piper at a Glance

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.