Prague office sold leading Czech IT company Servodata to BDO.
CN Finance, the ICFG office in Prague, provided M&A advisory services to the shareholders of Servodata a.s. (“Servodata”) in the divestiture process leading to sale of 100% shares in the company. Genesis Private Equity Fund II and Mr Rostislav Jirkal were the sellers. The buyer is BDO Advisory, a Czech consulting company and a member of the international BDO network.
Servodata belongs to top 50 Czech ICT companies. It specializes in supplying of comprehensive business solutions, such as Business portals, Business Process Management, Business Intelligence, Customer Care and IT & Project Management. It is also significant supplier of technologies and platforms Microsoft, Red Hat, EMC, DELL, HP etc.
The project was managed by CN Finance's partner Pavel Capouch. This transaction confirms strong experience of CN Finance in corporate finance transactions including IT companies.
ICFG Prague advised the sellers in 2016.