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Dentons and CMS Advise on Sale of Budapest Metropolitan University

Dentons and CMS Advise on Sale of Budapest Metropolitan University

Hungary
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Dentons has advised Central Europe Alfa Asset Management Ltd. and its sole investor, Optima Investments Limited, on the acquisition of the Budapest Metropolitan University from Central European Education Holding Zrt for a cash consideration of USD 50 million. CMS advised the seller.

Optima Investments Limited is an asset manager owned by the foundation established by the National Bank of Hungary. Central European Education Holding was ultimately owned by CEE Equity Partners.

Dentons’ team included Partners Rob Irving and Istvan Reczicza, Counsel Tunde Gonczol, and Associates Nora Jakab and Brigitta Kovacs. Impact Advisory, Denton's joint venture advisory firm also advised on the deal.

CMS's team included Partner Aniko Kircsi, Senior Counsel Zoltan Poronyi, and Associate Szabina Marsi.