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KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

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Kocian Solc Balastik has advised Solitea on its acquisition of Mainstream Technologies and its parent company Powerstream. Oswaldova & Partners Advokatni Kancelar reportedly advised the seller.

Mainstream Technologies is a provider of communication and collaboration consulting, cybersecurity consulting, digital transformation assistance, and hybrid cloud infrastructure implementation services. According to KSB, Powerstream is “one of the most important partners of the global technology company Microsoft.”

Solitea is a Czech software developer that provides invoicing, bookkeeping, data analytics, and other services to small, medium, and large companies. According to KSB, the company employs more than 1,000 people in seven countries and serves over 260,000 customers in 15 countries in Europe.

Recently, KSB also advised Solitea on its acquisition of digital platforms developer D3Soft (as reported by CEE Legal Matters on March 22, 2021).

KSB’s team included Partner Drahomir Tomasuk and Lawyer Jan Beres.

Oswaldova & Partners Advokatni Kancelar’s team was reportedly led by Petr Jahelka.

Editor's note: After this article was published, Oswaldova & Partners confirmed its involvement for CEE Legal Matters. The firm's team also included Lawyers David Zavadil and Jan Novotny.

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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