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Dentons and CMS Advise on Sale of Budapest Metropolitan University

Dentons and CMS Advise on Sale of Budapest Metropolitan University

Hungary
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Dentons has advised Central Europe Alfa Asset Management Ltd. and its sole investor, Optima Investments Limited, on the acquisition of the Budapest Metropolitan University from Central European Education Holding Zrt for a cash consideration of USD 50 million. CMS advised the seller.

Optima Investments Limited is an asset manager owned by the foundation established by the National Bank of Hungary. Central European Education Holding was ultimately owned by CEE Equity Partners.

Dentons’ team included Partners Rob Irving and Istvan Reczicza, Counsel Tunde Gonczol, and Associates Nora Jakab and Brigitta Kovacs. Impact Advisory, Denton's joint venture advisory firm also advised on the deal.

CMS's team included Partner Aniko Kircsi, Senior Counsel Zoltan Poronyi, and Associate Szabina Marsi.

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, 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.

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