Lakatos Koves & Partners has advised Innobyte on the sale of a majority stake in the company and its Innoware subsidiary to IT company 4iG. Following the approval of the Hungarian Competition Office, the transaction closed in October. Kertesz and Partners reportedly advised 4iG on the deal.
According to LKT, “Innobyte specializes in contact center services, business intelligence, test automation, AI development, and database solutions. It is active in telecommunications, the automotive industry, healthcare, agro-informatics, public administration, financial and banking sector IT, and church digitization.”
LKT’s team included Counsel Adam Mattyus.
LKT did not reply to inquiries about the matter.