Pierstone’s Prague office has advised the Prague-based Socialbakers social media marketing company on the sale of its global business to U.S.-based customer engagement company Astute.
Financial details of the sale were not disclosed.
Pierstone‘s team included Partners Tomas Schollaert, Iva Zothova and Lenka Suchankova, Senior Associates Ferdinand Fort and Stefan Kral, and Associates Teodora Draskovic and Klara Kocarova.
Pierstone did not reply to an inquiry about the deal.
Editor's note: After this article was published, Baker McKenzie announced that it had advised Astute on the deal. The firm's team included Luxembourg-based Partner Diogo Duarte de Oliveira and Prague-based Partner Tomas Skoumal.