IGT Services Acquires Connections Consult's Service Division
Deal News | Apr 14, 2025 | CEE Legal Matters
Schoenherr has successfully advised IGT Services and Technologies on their strategic acquisition of the Service Delivery division of Connections Consult. IGT Services and Technologies, a leading provider of digital and technology services, has taken full control over the Connections Consult group companies including Outsourcing Support Services in Romania, Connection Consult EOOD in Bulgaria, and Connections Consult doo Beograd-Vracar in Serbia. This move expands IGT's reach into several European countries through established tech solution operations. Schoenherr's team on this transaction comprised Partner Madalina Neagu, Managing Attorney at Law Mihaela Popescu, Senior Attorney at Law Alina Cristea, and Attorney at Law Stefan Popa.
Sectors
- Technology Services
- Legal Services
Geography
- Romania – Connections Consult is established in Bucharest, Romania, making it a primary geography of the operation.
- Bulgaria – Part of the acquisition included Connection Consult EOOD located in Bulgaria.
- Serbia – Connections Consult doo Beograd-Vracar in Serbia was included in the acquisition.
Industry
- Technology Services – IGT Services and Technologies is a provider of digital and technology services, making this industry classification relevant.
- Legal Services – Schoenherr is a legal advisory firm that advised on the transaction, highlighting the relevance of the legal services industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IGT Services and Technologies | Acquirer | Company | A provider of digital and technology services. |
| Connections Consult | Target | Company | A company known for its tech solutions in multiple countries. |
| Schoenherr | Legal Advisor | Company | Provided legal advice to IGT Services and Technologies during the transaction. |
| Madalina Neagu | Partner | Person | Partner at Schoenherr who worked on the deal. |
| Mihaela Popescu | Managing Attorney at Law | Person | Managing Attorney at Law at Schoenherr who worked on the deal. |
| Alina Cristea | Senior Attorney at Law | Person | Senior Attorney at Law at Schoenherr who worked on the deal. |
| Stefan Popa | Attorney at Law | Person | Attorney at Law at Schoenherr who worked on the deal. |