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CMS and Dunovska & Partners Advise on Arkance's Acquisition of CAD Studio

CMS and Dunovska & Partners Advise on Arkance's Acquisition of CAD Studio

Czech Republic
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CMS has advised Arkance on its acquisition of CAD Studio, a company involved in the digitalization of Manufacturing and Construction industries in the Czech and Slovak Republics and Hungary, from Autocont, a member of the Aricoma Group. Dunovska & Partners advised the sellers on the deal.

Arkance is a subsidiary of the Groupe Monnoyeur. According to CMS, "this acquisition is in line with the Groupe Monnoyeur's [plan] to establish a leading European distribution network to support its clients – Building and Earthmoving Contractors, Design Offices, Infrastructure Owners, Manufacturing Companies, and Mines and Quarry operators – on their digitalization journey.

According to CMS, "historically linked to the Construction business through its Caterpillar dealership activities in Europe, the Groupe Monnoyeur was able to perceive very early on the major impact that digitization would have on its customers in the long term. By acquiring CAD Studio, leader in its markets, Arkance is investing in a company that has grown by forging close relationships with its many loyal customers. Those customers will now have access to a larger network of technical professionals, sometimes operating in territories with advanced market maturity – from which they will take some best practices."

CMS reports that, "after a transition period, the CAD Studio's team will operate under the Arkance Systems banner, the Arkance division dedicated to the implementation of BIM & CAD solutions."

CMS's team included Managing Partner Helen Rodwell, Senior Associates Frances Gerrard and Eliska Copland, and Associates Pavel Kocian and Martin Balaz.

The Dunovksa & Partners team was led by Attorney Michal Koncuh.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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