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Dentons Advises HB Reavis on Sale of Symbiosy to HqO

Dentons Advises HB Reavis on Sale of Symbiosy to HqO

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Dentons has advised HB Reavis on the sale of its in-house-developed technology platform Symbiosy to HqO.

HB Reavis is an international workspace provider.

HqO offers a real estate experience platform that assesses the health and performance of a customer's experience within a physical space while providing the necessary tools for operators to manage and optimize it.

According to Dentons, “following the transaction, HqO will power HB Reavis’ portfolio of workspaces and support its growing global customer base through a strategic partnership. Symbiosy offers a portfolio of smart building solutions consisting of system integrations, IoT, and software interfaces. Symbiosy’s portfolio of cutting-edge smart office technology solutions provides employee experience, data management, and visualization tools that support an enhanced workplace experience for improved performance.”

The Dentons team included Brastislava-based Partner Juraj Gyarfas and Senior Associate Radoslav Palka, Budapest-based Partner Rob Irving, and New York-based Partner Ilan Katz and Associate Michael Liou.

Dentons could not provide additional information on the matter.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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