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KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

KSB Advises Solitea on Acquisition of Mainstream Technologies and Powerstream in Czech Republic

Czech Republic
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Kocian Solc Balastik has advised Solitea on its acquisition of Mainstream Technologies and its parent company Powerstream. Oswaldova & Partners Advokatni Kancelar reportedly advised the seller.

Mainstream Technologies is a provider of communication and collaboration consulting, cybersecurity consulting, digital transformation assistance, and hybrid cloud infrastructure implementation services. According to KSB, Powerstream is “one of the most important partners of the global technology company Microsoft.”

Solitea is a Czech software developer that provides invoicing, bookkeeping, data analytics, and other services to small, medium, and large companies. According to KSB, the company employs more than 1,000 people in seven countries and serves over 260,000 customers in 15 countries in Europe.

Recently, KSB also advised Solitea on its acquisition of digital platforms developer D3Soft (as reported by CEE Legal Matters on March 22, 2021).

KSB’s team included Partner Drahomir Tomasuk and Lawyer Jan Beres.

Oswaldova & Partners Advokatni Kancelar’s team was reportedly led by Petr Jahelka.

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 250 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  150 of the Fortune 500 companies, almost 50 of the Czech Top 100 companies and 20 of the TOP 100 Slovak companies. HAVEL & PARTNERS currently provides its services to a total of 2,500 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 languages in more than 110 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 global rating agencies Chambers and Partners (2020, 2021) 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 four -time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019, 2020). 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). 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 Czech Republic since 2010. 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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