Legal advisory to the largest group of construction project companies in the Czech Republic on entering the IT market

7. 2. 2018

Law firm HAVEL & PARTNERS has provided comprehensive legal advisory to SUDOP GROUP a.s., the largest group of construction project companies in the Czech Republic, on the establishment of a new subsidiary providing IT services, Sudop Consulting and Information Technology a.s., and the subsequent acquisition of a 70% interest in the software company LinkSoft Technologies. The aim of these strategic steps was to diversify and expand the group’s business activities and to take advantage of the synergy among information technology and engineering and project development activities.

The legal advisory team was led by Jan Koval, a partner at HAVEL & PARTNERS, and Jiří Buryan, a managing associate. The parties have decided not to disclose the transaction value.

SUDOP GROUP a.s. provides planning, design and engineering works for transport, industrial, water management and power-generator constructions and public amenity buildings in individual market segments. Together with its subsidiaries and ownership interests in other companies, the group controls assets worth nearly CZK 4 billion.

LinkSoft Technologies develops tailored software and outsources IT experts. It has been on the market for ten years and has been able to win customers not only in the Czech Republic, but also in Australia, Canada and Iraq. In 2017 its turnover reached CZK 140 million.