Legal DealFolio - CVC Capital Partners Investment in Avast Software

Global law firm White & Case LLP has advised Avast Software, one of the world's major players in the antivirus market, and a selling shareholder consortium on the sale of a significant minority stake to CVC Capital Partners, one of the world's leading private equity and investment advisory firms. Supporting the successful completion of the deal included advising on the new US borrower financing that supported CVC's acquisition of an approximate 40 percent interest in Avast, which values the Prague-based business at around USD1 billion. The White & Case team which advised Avast and the selling shareholder consortium was co-led by partners Michal Smrek (Prague) and Ian Bagshaw (London), and included partners Eric Berg, Justin Wagstaff (New York), Ales Zidek, Damian Beaven and Jiri Tomola (Prague) as well as associates Jakub Zavadil (Prague), Jakub Mencl (Silicon Valley), Steven Hannah, Sevda Staykova, Marcus Booth, Charlotte Dixon (London) and Heather Borthwick (New York).

Deal Date:	06-02-2014	Practice Area:	Corporate and M&A
Deal Title:	CVC Capital Partners Investment in Avast Software	Industry:	Software & Computer Services
Description:	Global law firm White & Case LLP has advised Avast Software, one of the world's major players in the antivirus market, and a selling shareholder consortium on the sale of a significant minority stake to CVC Capital Partners, one of the world's leading private equity and investment advisory firms. Supporting the successful completion of the deal included advising on the new US borrower financing that supported CVC's acquisition of an approximate 40 percent interest in Avast, which values the Prague-based business at around USD1 billion. The White & Case team which advised Avast and the selling shareholder consortium was co-led by partners Michal Smrek (Prague) and Ian Bagshaw (London), and included partners Eric Berg, Justin Wagstaff (New York), Ales Zidek, Damian Beaven and Jiri Tomola (Prague) as well as associates Jakub Zavadil (Prague), Jakub Mencl (Silicon Valley), Steven Hannah, Sevda Staykova, Marcus Booth, Charlotte Dixon (London) and Heather Borthwick (New York).
Financial Center:	Prague	Value:	500.01-1000.00
Advised Party:	Target Company	Law Firm	White & Case
Target Company Jurisdiction	Czech Republic	Acquiror Jurisdiction	United States
Classification:	Financial Buyer Acquisitions Minority Investment	Lawyer	Michal Smrek

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers