Eversheds Sutherland has advised the shareholders of SWS on the full sale of the company – including subsidiaries Entec Solutions and SWS International in Slovakia – to Also Holding.
The transaction remains contingent on regulatory approval.
SWS is a Czech ICT distributor.
Also Holding is a Swiss technology company operating in 30 countries in Europe. It provides IT services on a transactional basis as well as on an as-a-service basis. It also offers digital platform services such as IoT, artificial intelligence, virtualization, and cybersecurity.
"We are looking forward to a period full of challenges and new opportunities that will open up by joining one of the world's leading IT providers," SWS Managing Director Martina Vlckova commented. "Thanks to this step, we can better compete in a competitive environment, gain a stronger market position, access to new technologies, and expand our reach."
The Eversheds Sutherland team included Managing Partner Borivoj Libal and Associate Marek Poloni.
Eversheds Sutherland could not disclose further information on the matter.
