JSK Advises Sudop CIT on Acquisition of Profiq

JSK Advises Sudop CIT on Acquisition of Profiq

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JSK has advised Sudop CIT on its acquisition of Czech information technology company Profiq. The Marek Hoskovec law office reportedly advised the sellers.

The Sudop Group is a Czech-based engineering and consulting services company. Sudop Consulting and IT invests in the IT ecosystem.

Profiq is a Czech company building complete software products and technologies, including platforms, frameworks, server-side applications, and developer tools for identity and access management, finance, mobile, and desktop virtualization.

According to JSK, "by adding another specialized IT company to its portfolio, Sudop CIT strengthens its position in the Czech IT market. Sudop's goal is to build one of the largest IT groups in Central Europe. It has already acquired several other IT companies, helping to consolidate the Czech and Central European IT market. Behind Sudop CIT is the Sudop group, which originally focused only on design and engineering in the field of construction.”

The JSK team was led by Partner Tomas Dolezil and included Senior Lawyers Jana Pospisilova, Lucia Regecova, and Hana Cislerova, and Trainees Klara Smidova, Jan Koprnicky, Marek Pume, and Filip Kvapil.