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Avellum and Weil, Gotschal & Manges Advise Cornerstone Partners on Acquisition of CoreValue

Avellum and Weil, Gotschal & Manges Advise Cornerstone Partners on Acquisition of CoreValue

Deals and Cases

Avellum has provided Ukrainian counsel to Polish IT company Cornerstone Partners, the co-owner of IT Kontrakt, on its acquisition of CoreValue, a US-headquartered IT service provider with Ukrainian roots. Weil, Gotshal & Manges was lead counsel to Cornerstone Partners.

Cornerstone Partners is a private equity investment firm founded in 2001 that invests in private equity transactions in Poland and CEE. IT Kontrakt implements IT solutions and services for business and offers support with building IT systems. Since July 2017, IT Kontrakt has been part of Oaktree Capital Management, a global private equity fund.

CoreValue is a US-based software and technology services company with development labs across Ukraine and Poland.

The Avellum team was led by Partner Yuriy Nechayev and included Associates Dmytro Symbiryov, Yulia Chelebii-Kravchenko, and Daryna Mykhailenko.

Poland Knowledge Partner

Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

All News about, and Legal Analysis by, Wolf Theiss can be found here.

Firm's website: http://www.wolftheiss.com/


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