Unija ETL Acquires Majority Stake in Klaris NS
Deal News | May 15, 2025 | CEE Legal Matters
Unija ETL, an international accounting firm, has successfully acquired a majority stake in Klaris NS, a Serbian accounting firm. This acquisition was facilitated by legal advisors from ZSP Advokati, including Partner Nikola Sugaris and Senior Associate Aleksandar Milanovic. The sellers received legal advice from Strahinja Selakovic, a sole practitioner. Unija ETL, part of the ETL Global network, provides various services such as accounting, payroll, consulting, and IT and operates in Serbia through its subsidiary Unija Smart Accounting Srbija. The strategic acquisition of Klaris NS is expected to bolster Unija ETL’s service capabilities and its presence in the Serbian market.
Sectors
- Accounting and Financial Services
- Legal Services
Geography
- Serbia – Both the target company, Klaris NS, and the acquiring company’s subsidiary, Unija Smart Accounting Srbija, are based in Serbia.
Industry
- Accounting and Financial Services – The acquisition involves accounting firms Unija ETL and Klaris NS, highlighting developments in the accounting and financial services industry.
- Legal Services – ZSP Advokati and Strahinja Selakovic provided legal advice for the acquisition, illustrating the role of legal services in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Unija ETL | Bidding Company | Company | An international accounting firm part of the ETL Global network. |
| Klaris NS | Target company | Company | A Serbian accounting firm being acquired. |
| ZSP Advokati | Legal advisor | Company | Law firm advising Unija ETL on the acquisition. |
| Strahinja Selakovic | Legal advisor | Person | Sole practitioner advising the sellers. |
| Nikola Sugaris | Legal advisor | Person | Partner at ZSP Advokati involved in advising Unija ETL. |
| Aleksandar Milanovic | Legal advisor | Person | Senior Associate at ZSP Advokati involved in advising Unija ETL. |