AMiT Secures Bustec Group in Strategic Acquisition
Deal News | Dec 20, 2024 | CEE Legal Matters
AMiT, a portfolio company under Central Europe Industry Partners, has successfully acquired Bustec Group. Bustec Group is a company known for its expertise in developing, producing, and supplying solutions for public transport systems. Rowan Legal played a pivotal role in advising AMiT during this transaction. The legal team from Rowan Legal was composed of Partners Vladimir Hejduk and Jan Frey, Head of Tax Ludek Vacik, and Junior Lawyer Veronika Vicari. Meanwhile, the sellers were advised by Act Legal.
Sectors
- Public Transport Solutions
- Legal Services
- Private Equity
Geography
- Central Europe – The central focus of the involved parties, including AMiT and Central Europe Industry Partners, suggests a significant geographical emphasis in Central Europe.
Industry
- Public Transport Solutions – Since Bustec Group specializes in the development, production, and supply of solutions for public transport, this industry is directly relevant to the article.
- Legal Services – Rowan Legal's involvement in advising AMiT on the acquisition demonstrates the significance of legal services in M&A transactions.
- Private Equity – Central Europe Industry Partners, as a private equity firm, plays a vital role in such acquisition deals related to their portfolio companies.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AMiT | Acquiring Company | Company | A portfolio company of Central Europe Industry Partners involved in the acquisition of Bustec Group. |
| Bustec Group | Target Company | Company | A company specializing in public transport solutions, acquired by AMiT. |
| Central Europe Industry Partners | Private Equity Firm | Company | The private equity firm of which AMiT is a portfolio company. |
| Rowan Legal | Legal Advisor | Company | Provided legal advisory services to AMiT for the acquisition. |
| Act Legal | Legal Advisor for Sellers | Company | Provided legal services to the sellers in the transaction. |
| Vladimir Hejduk | Partner at Rowan Legal | Person | Partner involved in the legal advisory team from Rowan Legal. |
| Jan Frey | Partner at Rowan Legal | Person | Partner involved in the legal advisory team from Rowan Legal. |
| Ludek Vacik | Head of Tax at Rowan Legal | Person | Head of Tax involved in the legal advisory team from Rowan Legal. |
| Veronika Vicari | Junior Lawyer at Rowan Legal | Person | Junior Lawyer involved in the legal advisory team from Rowan Legal. |