Komnenic & Associates has advised both sides in the transaction that saw Appolo subsidiary Seta Montenegro sell the HoldCo East NPL company to APS Holding.
Closing is expected in the second quarter of 2023.
HoldCo East and Seta Montenegro are management consulting services companies.
APS is a distressed assets investment company and debt recovery platform. Its business consists of acquiring, advising, and servicing non-performing loan portfolios.
The Komnenic & Associates team included Partners Milos Komnenic and Nemanja Radovic as well as Junior Associate Marijana Radulovic.
Editor's Note: On April 20, 2023, Komnenic & Associates announced the transaction had closed successfully.