Swinto Sells Majority Stake to Virtus Invesco Partners
Deal News | Nov 21, 2024 | CEE Legal Matters
RPHS Law has successfully advised Swinto on the sale of a majority of its shares to Virtus Invesco Partners, marking a significant transaction in the financial landscape of Kosovo. Swinto, a non-banking financial institution sanctioned by the Central Bank of Kosovo, has transitioned a substantial portion of its ownership to Virtus Invesco Partners, an entity known for its focus on enterprise and holding company management. The legal advisory teams from both sides played pivotal roles in facilitating this deal. RPHS Law's team featured Partner Mentor Hajdaraj and Senior Managing Associate Klit Shala, while ICL Legal represented the buyers with a team that included Managing Partner Mehmet Berisha and partners Rafet Ferizi, Nita Dragusha, and Jeton Ulaj, portraying a strong legal expertise collaboration.
Sectors
- Financial Services
- Legal Services
Geography
- Kosovo – Swinto is a non-banking financial institution licensed by the Central Bank of Kosovo, indicating this is a significant transaction in this region.
Industry
- Financial Services – Swinto operates as a non-banking financial institution, and the acquisition involves enterprise and holding company management by Virtus Invesco Partners.
- Legal Services – RPHS Law and ICL Legal facilitated the transaction as legal advisors for the respective parties involved.
Financials
- – The financial details of the transaction are not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Swinto | Target | Company | A non-banking financial institution licensed by the Central Bank of Kosovo. |
| Virtus Invesco Partners | Buyer | Company | Focuses on enterprise and holding company management. |
| RPHS Law | Legal Advisor | Company | Advised Swinto in the sale transaction. |
| ICL Legal | Legal Advisor | Company | Advised Virtus Invesco Partners in the transaction. |
| Mentor Hajdaraj | Partner | Person | Part of the RPHS Law team advising Swinto. |
| Klit Shala | Senior Managing Associate | Person | Part of the RPHS Law team advising Swinto. |
| Mehmet Berisha | Managing Partner | Person | Part of the ICL Legal team advising Virtus Invesco Partners. |
| Rafet Ferizi | Partner Attorney | Person | Part of the ICL Legal team advising Virtus Invesco Partners. |
| Nita Dragusha | Senior Legal Associate | Person | Part of the ICL Legal team advising Virtus Invesco Partners. |
| Jeton Ulaj | Senior Legal Associate | Person | Part of the ICL Legal team advising Virtus Invesco Partners. |