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Clifford Chance Advises KKCG on Acquisition of Avenga

Clifford Chance Advises KKCG on Acquisition of Avenga

Czech Republic
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Clifford Chance has advised KKCG on the acquisition of the end-to-end software engineering and consulting platform Avenga from funds managed by Oaktree Capital Management and Cornerstone Investment Management.

KKCG is an investment and innovation group with expertise in lotteries and gaming, energy, technology, and real estate. 

Avenga is an engineering and consulting platform with industry knowledge in pharma, insurance and finance, and advanced manufacturing.

"Avenga brings innovative solutions and expertise to the table, aligning seamlessly with KKCG's strategic vision,” KKCG Investment Director Michal Tomanek commented. “Known for its commitment to cutting-edge technology and client-centric approaches, Avenga enhances our capabilities and reinforces our position in the market”

The Clifford Chance team included Prague-based Managing Partner Alex Cook, Partner Milos Felgr, Counsels Michal Jasek and Dominik Vojta, Senior Associate Stanislav Holec, and Junior Lawyers Jiri Krejca, Tomas Kubala, and Petr Rysina, Warsaw-based Associates Nikoletta Koziol and Katarzyna Kuchta and Junior Lawyer David Herich, as well as further lawyers in the US, the UK, Germany, Australia, Luxembourg, and Belgium.

Editor's Note: After this article was published, Nedelka Kubac Advokati announced it had advised the KKCG Group on its acquisition of Avenga as well. NKA's mandate included the coordination of merger-control notifications in the US, Poland, and North Macedonia. The firm's team included Partner Radovan Kubac, Counsel Richard Maliniak, and Senior Associate Jindrich Kadoun.

Subsequently, Redcliffe Partners announced it had advised KKCG alongside Clifford Chance Prague. The firm's team included Partner Albert Sych, Associates Kateryna Zheltova and Zakhar Kymberskiy, and Junior Associate Georgy Smirnov.

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