Seyfor Group Completes NCC Acquisition with Legal Support
Deal News | Dec 12, 2024 | CEE Legal Matters
In a strategic move, the Seyfor Group, a Czech Republic-based IT company specializing in accounting software, has acquired NCC, a Slovakian provider of leasing and loans software. Kocian Solc Balastik (KSB) and Nitschneider & Partners advised Seyfor in this transaction. This latest acquisition enhances Seyfor’s portfolio with NCC's LeasIt, an all-in-one system for managing leasing processes. The acquisition is part of Seyfor’s broader expansion strategy, having previously acquired companies like Recruitis.io, Datacruit, and Digitask earlier this year. Legal experts from both KSB and Nitschneider & Partners played a crucial role in facilitating the transaction, with Zahradnik advising the sellers.
Sectors
- Information Technology
- Legal Services
- Financial Services
Geography
- Czech Republic – The Seyfor Group is based in the Czech Republic.
- Slovakia – NCC, the company acquired, is based in Slovakia.
Industry
- Information Technology – The acquisition involves IT companies; Seyfor specializes in accounting software, while NCC offers software for leasing and loans.
- Legal Services – Legal firms KSB and Nitschneider & Partners provided advisory roles in the acquisition process.
- Financial Services – NCC's software focuses on managing processes related to leasing and loans.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Seyfor Group | Bidding Company | Company | A Czech Republic-based company specializing in accounting software. |
| NCC | Target company | Company | A Slovakian company providing software for leasing and loans. |
| Kocian Solc Balastik (KSB) | Legal Advisor | Company | Provided legal advice to Seyfor Group. |
| Nitschneider & Partners | Legal Advisor | Company | Provided legal advice to Seyfor Group. |
| Zahradnik | Legal Advisor | Person | Advised sellers on the transaction. |