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KSB and Noerr Advise on Sale of Daquas to ALSO

KSB and Noerr Advise on Sale of Daquas to ALSO

Czech Republic
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Kocian Solc Balastik has advised Prague-based Daquas on the sale of its shares to ALSO Holding. Noerr, working in cooperation with Germany’s Corvel, advised the buyer on the deal.

Financial details of the transaction were not disclosed, and the deal is expected to close in the spring of 2021, following the approval from the Czech Competition Authority.

ALSO Holding is a Swiss provider of IT hardware and software maintenance services.

Daquas is a Czech company that provides IT consulting, cloud services, and licensing solutions to its clients.

Kocian Solc Balastik’s team consisted of Partner Drahomir Tomasuk and Senior Associate Jan Beres.

Noerr’s team included Partner Barbara Kusak and Senior Associates Michal Janicek, Radim Kotlaba, and Michal Jekielek.

Kocian Solc Balastik at a Glance

Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.

Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.

Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.

Firm website.

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