Orbian Moves to Acquire Platebni Instituce Roger from KB SmartSolutions

Deal News | Feb 18, 2025 | CEE Legal Matters

Orbian Moves to Acquire Platebni Instituce Roger from KB SmartSolutions

In a strategic transaction, Orbian, a British financial institution, has been advised by Eversheds Sutherland on the acquisition of Platebni Instituce Roger, a fintech start-up, from KB SmartSolutions and other shareholders. Roger specializes in speeding up the invoice maturity process and financing supply chains for large enterprises, establishing itself as a significant player in Central Europe with a track record of funding over CZK 40 billion in invoices. Notably, the transaction is contingent on receiving regulatory approval. Eversheds Sutherland brought together a team led by Counsel Michal Hrabovsky, including several associates, demonstrating depth in their transactional advisory capability. For the selling shareholders, BPV Braun Partners, represented by Partner Ondrej Ponistiak, navigated the interests of Echilon Capital, showcasing their cross-border advisory expertise in financial and corporate law.

Sectors

  • Financial Services
  • Fintech
  • Legal Services

Geography

  • United Kingdom – Orbian, the acquiring company, is a British financial institution.
  • Czech Republic – Platebni Instituce Roger is a fintech start-up based in the Czech Republic, and the transaction will impact this region.

Industry

  • Financial Services – Orbian is a British financial institution and the acquisition involves financial transactions and supply chain financing.
  • Fintech – Platebni Instituce Roger is a fintech start-up focused on invoice financing, aligning with the fintech industry.
  • Legal Services – Eversheds Sutherland and BPV Braun Partners are legal advisors, making legal services a relevant sector for this transaction.

Financials

  • CZK 40 billion – The total worth of invoices funded by Platebni Instituce Roger since its founding.

Participants

NameRoleTypeDescription
OrbianBidding CompanyCompanyA British financial institution acquiring Platebni Instituce Roger.
Platebni Instituce RogerTarget CompanyCompanyA Czech fintech start-up focused on invoice maturity and financing supply chains.
KB SmartSolutionsSelling CompanyCompanyOne of the shareholders selling its stake in Platebni Instituce Roger.
Eversheds SutherlandLegal AdvisorCompanyAdvised Orbian on its acquisition of Platebni Instituce Roger.
BPV Braun PartnersLegal AdvisorCompanyRepresented Echilon Capital, one of the selling shareholders in the transaction.
Echilon CapitalSelling ShareholderCompanyOne of the selling shareholders of Platebni Instituce Roger, advised by BPV Braun Partners.