BDK Advokati, Dentons, and Nestor Nestor Diculescu Kingston Petersen have advised Invenio Partners on the segmentation – together with Accession Capital Partners – of the vocational education division of the Link Group. The Antonic law firm in cooperation with Deloitte advised the Link Group and its two shareholders on the sale. Gladei & Partners reportedly advised Invenio as well. Schoenherr and Norton Rose Fulbright reportedly advised ACP.
Invenio describes the Link Group as a leading professional education business in Southeast Europe. "Link’s vocational division has been providing successful education for over two decades and enjoys a market-leading position in the B2C segment in Serbia, Bosnia and Herzegovina, Romania, and Moldova. The company educates over 6,000 students annually, online and in classrooms, across numerous countries through its IT Academy, Internet Academy, and Business Academy."
"Invenio and ACP will support Link’s leadership team to expand the company’s geographic footprint. Alongside this, the company’s product offering will be further developed to serve the constantly growing need for upskilling of young professionals while introducing new programs to meet the dynamic requirements of the B2B segment," the investors reported.
The Dentons team included Istanbul-based Partner Tamsyn Mileham and Budapest-based Partner Rob Irving and Senior Associate Sebastian Ishiguro.
The Deloitte Legal team included Belgrade-based Local Legal Partner Stefan Antonic and Attorneys At Law Mirjana Mladenovic, Srdjan Sijakinjic, and Veljko Nesic.
The NNDKP team included Partner Gabriela Cacerea and Senior Associate Mihai Fifoiu.
Editor's Note: After this article was published, Gladei & Partners confirmed it had advised Invenio. The firm's team included Managing Partner Roger Gladei, Senior Associate Dan Nicoara, Associate Pavel Spatari, and Junior Associate Catalina Stavila.