NewsThe Prague Bird & Bird M&A team advised ARICOMA, a KKCG Group company, on a strategic IT divestment on the Czech market

The Czech transactional team advised ARICOMA, a leading European IT services provider, on the strategic sale of its cloud computing specialist company Cloud4com (C4C) and Data Centre Lužice to České Radiokomunikace, a leading digital infrastructure provider on the Czech market and a subsidiary of Cordiant Digital Infrastructure fund.

ARICOMA Group provides services involving IT infrastructure, cloud technologies, corporate applications, cyber security and public sector digitalisation and is a part of KKCG, a Czech-based investment and innovation group. This divestment was part of its long-term strategy to strengthen and focus on cloud and cybersecurity consultancy services.

The purchase has enabled České Radiokomunikace to expand its portfolio comprising data centre and cloud services infrastructure.

The transaction was led by a Bird & Bird Czech M&A team made up of Ivan Sagál, Partner; Ľubomír Brečka, Senior Associate; Michaela Čejková, Associate and Martin Dolnák, Associate.

“Supporting ARICOMA on this transaction has been a perfect match for the Bird & Bird team. It enabled us to bring our transactional expertise within the tech-based environment to the table and to be part of a notable change on the Czech digital market,” says Ivan Sagál.