Avellum has advised Altran, a global leader in innovation and high‐tech engineering consulting, on Ukrainian matters related to its acquisition of the Lohika software engineering services firm. Latham & Watkins acted as the global legal advisor to Altran.
Altran operates in over 20 countries throughout Europe, Asia, and the Americas. The company had revenues of over EUR 1.945 billion in 2015. With the integration of Lohika, Altran takes a new step towards its positioning as a leader in software engineering and R&D in North America. According to Avellum, “the transaction will also allow Altran to reinforce its solutions portfolio in the development of software products.”
According to Avellum, Lohika, which is headquartered in Silicon Valley, "is a premier software development firm most active in North America with experienced delivery teams in Ukraine and Romania comprising more than 700 employees, most of them being software engineers.”
The Avellum team was led by Managing Partner Mykola Stetsenko and Counsel Yuriy Nechayev, with "significant support" from Senior Associate Oleksandr Polonyk, and Associates Yaroslav Medvediev and Andriy Gumenchuk.
Avellum was not able to provide information about the seller or its counsel.
