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DLA Piper and Baker Botts Advise on Baring Vostok Acquisition of Minority Stake in Itransition

DLA Piper and Baker Botts Advise on Baring Vostok Acquisition of Minority Stake in Itransition

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DLA Piper has advised Baring Vostok, a private equity fund investing in Russia/CIS, on its acquisition of a minority stake in Itransition, a Belarusian software solutions developer and IT services provider. The seller, Firestrong Ltd., was represented by Baker Botts.

According to DLA Piper, ”the partnership’s main focus will be on strengthening Itransition’s foothold in its key markets of the European Union and the United States. Founded 20 years ago, Itransition has become one of the leading Belarusian software developers, with offices located in Belarus, Russia, the UK, and the US. The company employs around 2,000 staff.”

DLA Piper’s team was led by Moscow-based Partner Leo Batalov, supported by Senior Associate Andrei Sheetkin. The UK team was led by Partner Jon Kenworthy, alongside Associate Dylan Kennett. The Amsterdam team was led by Partner Casper Hamersma, supported by Associate Diederik Schuurmans and Associate Anton Ziajka from the US.

Baker Botts's Moscow-based team included Partner Maxim Levinson and Senior Associate Dmitry Kolomeets. The London team was led by Partner Derek Jones, and the Washington D.C. team was led by Partner Don Lonczak. 

 

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Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated office in Cyprus.

We handle some of the largest and most complex and demanding transactions. We advise our clients in many areas of law, including: dispute resolution in Russia and abroad, International Arbitration and Litigation, M&A and Corporate, antitrust issues, criminal law, intellectual property, restructurings and insolvencies, international trade and customs, tax, real estate and construction, banking and finance, energy and natural resources, environmental and technical regulation, marine and transport law, pharmaceuticals and healthcare and others.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys, providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru

 

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