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KSB, Szecskay, and DLA Piper Advise on Sandberg Capital’s Acquisition of Green Fox Academy

KSB, Szecskay, and DLA Piper Advise on Sandberg Capital’s Acquisition of Green Fox Academy

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Kocian Solc Balastik, Szecskay, and DLA Piper have advised Sandberg Capital on its acquisition of a majority stake in the Green Fox Academy. The Arday, Sisa and Joosz Law Firm reportedly advised the sellers.

Operating since 2014, Sandberg Capital is a Slovakian equity firm that focuses on investments in small and medium-sized companies in the Central European region, particularly in the IT, telecommunications, education, agriculture, and retail segments.

The Green Fox Academy is a Hungarian company providing IT courses to people interested in programming. The company also has a presence in the Czech Republic and Slovakia and has provided training to around 4,000 IT professionals.

KSB previously advised Sandberg Capital on the acquisition of a 40% stake in Daktela (as reported by CEE Legal Matters on July 2, 2021) and acquisition of a 35% stake in Revolgy Business Solutions (as reported by CEE Legal Matters on July 8, 2020).

The KSB team was led by Partner Drahomir Tomasuk and Lawyer Jana Guricova.

The Szecskay team was led by Senior Partner Orsolya Gorgenyi.

DLA Piper's team included Attorney Gabor Malina and Junior Associate Luca Papp.