That Sweet Pain

“We need the sweet pain of anticipation to tell us we are really alive.” — Albert Camus

Deal 5: Klemen Bostjancic on Elektroservisi restructuring with BAMC/DUTB and Banka Sparkassa

On August 8, 2016, CEE Legal Matters reported that ODI had advised Elektroservisi — which builds, reconstructs, and services electrical power systems and facilities and is closely connected to Elektro Ljubljana —on a EUR 12 million out-of-court restructuring with BAMC/DUTB and Banka Sparkassa. We reached out to Klemen Bostjancic, the Director of BRIO svetovalni center, the financial advisor to Elektroservisi on the matter, for more information.

Clifford Chance and Vostarek & Komeiserova Advise on Ceska Sporitelna Financing of Roth Industries’ Leveraged Buyout of Roltechnik

Clifford Chance has advised Ceska Sporitelna, a.s., on financing provided to Dautphetal-based Roth Industries GmbH & Co. KG., a manufacturer of glass and complete showers, for a leveraged buy-out of 100% interest in Roltechnik a.s., a Czech supplier of shower enclosures, trays, bath tubs, and jacuzzis. Vostarek & Komeiserova advised Roth Industries on the financing.

Glimstedt Advises Scoro on Seed Funding Round

Glimstedt has successfully assisted Estonian work management software startup Scoro in securing a EUR 1.7 million seed funding round. The round was led by SmartCap, the investment arm of the Estonian Development Fund, Inventure, and Alchemist Accelerator.

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