Kocian Solc Balastik and PwC Slovakia have advised Sandberg Capital on its acquisition of a 70% stake in Phase.
"The entry of a new investor will allow Phase to expand the number of stores and product portfolio and also brings the potential for expansion abroad," PwC announced.
Established in 2007, Phase specializes in the design and sale of sofas, with 26 stores in the Czech Republic and Slovakia.
Sandberg Capital is an investment management company that invests in small and medium-sized companies in the Slovak Republic and CEE.
KSB previously advised Sandberg Capital on its acquisitions of the Green Fox Academy (as reported by CEE Legal Matters on November 8, 2022) and Daktela (as reported by CEE Legal Matters on July 2, 2021).
The KSB team included Managing Partner Pavel Dejl, Partner Drahomir Tomasuk, Lawyers Jan Beres and Martin Vrab, and Junior Lawyer Karolina Vosatkova.
The PwC Legal team included Senior Lawyer Jana Borska working alongside a PwC deals advisory team.
The firms did not respond to our inquiry regarding the counterparty's counsel.
Editor's Note: After this article was published, PwC Legal announced it had advised Sandberg Capital in both Slovakia and the Czech Republic. The firm's updated team included Senior Lawyers Jana Borska and Daniel Pikal and Junior Lawyer Barbora Satrova, working alongside a PwC deals advisory team.
