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Lakatos, Koves & Partners and Szecskay Advise on Norbit ASA's Acquisition of iData Kft

Lakatos, Koves & Partners and Szecskay Advise on Norbit ASA's Acquisition of iData Kft

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Hungary's Lakatos, Koves & Partners and Norway's Schjodt Law Firm have advised Norbit ASA on its acquisition of IData Kft. The transaction gives IData an enterprise value of EUR 14.5 million. Szecskay Attorneys at Law advised the sellers on the deal.

IData is a technology company headquartered in Hungary that specializes in services related to vehicle tracking and fleet management that reported EUR 5 million in revenue in 2020. It claims to be tracking 34,000 vehicles for 4,200 customers. 

LKT’s team was led by Partner Ivan Solyom and included Senior Lawyer Nora Szigeti and Senior Counsel Eva Bognar.

Szecskay's team included Senior Partners Orsolya Gorgenyi, Hedi Bozsonyik, and Gusztav Bacher, and Partners Katalin Szecskay and Robert Dezso.

Hungary Knowledge Partner

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. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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