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KSB, Szecskay, and DLA Piper Advise on Sandberg Capital’s Acquisition of Green Fox Academy

KSB, Szecskay, and DLA Piper Advise on Sandberg Capital’s Acquisition of Green Fox Academy

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Kocian Solc Balastik, Szecskay, and DLA Piper have advised Sandberg Capital on its acquisition of a majority stake in the Green Fox Academy. The Arday, Sisa and Joosz Law Firm reportedly advised the sellers.

Operating since 2014, Sandberg Capital is a Slovakian equity firm that focuses on investments in small and medium-sized companies in the Central European region, particularly in the IT, telecommunications, education, agriculture, and retail segments.

The Green Fox Academy is a Hungarian company providing IT courses to people interested in programming. The company also has a presence in the Czech Republic and Slovakia and has provided training to around 4,000 IT professionals.

KSB previously advised Sandberg Capital on the acquisition of a 40% stake in Daktela (as reported by CEE Legal Matters on July 2, 2021) and acquisition of a 35% stake in Revolgy Business Solutions (as reported by CEE Legal Matters on July 8, 2020).

The KSB team was led by Partner Drahomir Tomasuk and Lawyer Jana Guricova.

The Szecskay team was led by Senior Partner Orsolya Gorgenyi.

DLA Piper's team included Attorney Gabor Malina and Junior Associate Luca Papp.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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