KŠB Advises on Financing Twisto
Twisto – “the simplest online payment tool” – has been used by over 1.7 million customers so far, more than 55% of them from the Czech Republic. Twisto account, the company’s main product, is used by over 180,000 customers. Today, the account includes a payment card, a virtual payment card, Apple Pay and Google Pay, Snap – an advanced bill payment tool, and Split – a tool to divide joint purchases. The transaction builds upon KŠB’s long-standing and unique experience, as KŠB is one of just a few firms that provides advice to financial institutions and other entities in this segment of financing.
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KŠB Assisted with the Refinancing of the BigBoard Group, a leading player in the premium outdoor advertising market
Our team provided legal advice to BigBoard Praha, a leading player in the premium outdoor advertising market in the Czech Republic, in connection with its refinancing. Founded in 1993, the BigBoard Group is the largest provider of premium outdoor advertising in the Czech Republic, with an approximately 70% market share and annual turnover of around CZK 2 billion. Its advertising media cover key locations across the country, including the Prague metro and major transport hubs.
KŠB Assisted Sandberg Capital with a Majority Investment in HotelTime Solutions
The KŠB team provided legal advice to the investment group Sandberg Capital on the completion of a majority investment in HotelTime Solutions, one of the leading providers of cloud-based software for hotel operations management.
KŠB assisted Seyfor with the extension of its financing provided by Raiffeisenbank, Tatra banka and, newly, Slovenská sporiteľňa.
The KŠB team provided legal advice to its long-standing client Seyfor in connection with the continuation and expansion of its syndicated financing. The existing lending banks, Raiffeisenbank Czech Republic and Tatra banka, decided to continue supporting Seyfor’s growth, with Slovenská sporiteľňa joining the financing as a new lender.
