Kocian Solc Balastik has advised Solitea on the acquisition of the Vasco and Gesteem Society IT companies.
Solitea is a supplier of accounting and business information systems in the CEE region.
Vasco is a Slovenian IT company that develops and sells IT enterprise systems. According to KSB, “Vasco will become part of Slovenian company SAOP, which Solitea owns and which brings together companies operating on the Croatian, Slovenian, and Serbian markets. The acquisition helps Solitea strengthen its presence in the Balkans.”
Gesteem Society operates in the Czech Republic, Slovakia, and the Netherlands. According to KSB, “Gesteem is a major supplier of so-called business intelligence solutions and data warehouses.”
Last year, KSB advised Solitea on its acquisition of Prytanis (as reported by CEE Legal Matters on October 4, 2021) as well as its acquisitions of Mainstream Technologies and Powerstream (as reported by CEE Legal matters on August 4, 2021), D3Soft (as reported by CEE Legal Matters on March 22, 2021), and the IT services division of AspectWorks (as reported by CEE Legal Matters on February 26, 2021).
KSB’s team included Managing Partner Pavel Dejl, Partner Drahomir Tomasuk, Lawyers Jan Beres, Jaroslav Zahradnicek, Viktor Zelinka, and Martin Vrab, and Junior Lawyers Josef Novotny, Denisa Josefikova, and Karolina Vosatkova.
KSB did not respond to our inquiry on the matter.