KŠB Advised Tiger Global Management on the Sale of a Minority Stake in Seznam.cz
KŠB’s advice focused on Czech corporate and contract law issues, including pledge aspects. The challenge was to harmonize the interests of both minority shareholders and meet a very tight deadline.
Tiger Holding Four and Mirua International have held a 30% stake in Seznam.cz since 2007. Seznam.cz, whose online website bears the same name, will thus cease to have a minority shareholder after 15 years. Founder Ivo Lukačovič is now the only beneficial owner of the company. Seznam.cz, which is the most visited Czech website, is famous for its innovative approach and ability to compete with major worldwide browsers.
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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.
