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JSK and Noerr Advise on R22's Acquisition of Czech Communication Provider ProfiSMS

JSK and Noerr Advise on R22's Acquisition of Czech Communication Provider ProfiSMS

Czech Republic
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JSK has advised Poland's R22 Group on its acquisition by auction of a 100% stake in ProfiSMS s.r.o. and its two Czech fully-owned subsidiaries, Axima SMS Services s.r.o. and SMSbrana s.r.o. The sellers – Net Brokers Holding, which is owned by the Bauer Media Group – were represented by Noerr.

According to JSK, the R22 group, which is based in Poznan, Poland, "is a dynamically growing holding of technological companies ... pursuing business activities in e-commerce and employing more than 150 specialists throughout [Poland]. The group focuses on scalable services offered on the basis of a subscription model and SaaS (Software as a Service). Business operations are run as part of a whole chain of values – from creating own solutions, through their technological maintenance and development, to comprehensive sales and customer service.” 

JSK described ProfiSMS as "a provider of telecommunication services in the form of text messages for authentication and advertising purposes active on the Czech and Slovak markets, specializing in the highest quality message delivery over direct operator connections and using alpha sender ID.”

JSK’s team was led by Partner Tomas Dolezil and included Senior Associates Helena Hailichova and Hana Cislerova and Junior Lawyers Tomas Benes and Sebastian Speta.

Noerr's team included Partner Barbara Kusak and Senior Associate Michal Janicek.

Wood & Co provided financial advice to Net Brokers Holding.

JSK at a Glance

JŠK, advokátní kancelář, s.r.o. (JŠK) is a medium-sized law firm based in Prague providing a comprehensive range of commercial legal advisory services in the Czech Republic. Our team consists of almost 30 lawyers, five of whom are partners with many years of experience from leading international law firms. We advise local and international clients from banking, insurance and various industry sectors, boast a respected projects practice, and work for the public sector at the federal and municipal level.

Ever since it was founded in 2004, JŠK has striven for the epitome of professionalism, expertise and ethical integrity. We continuously seek to surpass what large global law firms can offer and to give our clients a personal approach. All mandates are equally important to us regardless of size as we guide clients through both complex and seemingly routine matters.

Our clients turn to us for advice when implementing their business plans across all areas of commercial law. We are proud members of PONTES: the CEE lawyers, a unique network of law firms through which we provide services not only in the Czech Republic but also in Austria, Bulgaria, Hungary, Poland, Romania and Slovakia.

Firm's website: http://www.jsk.cz