This article was published in Investment Advisory Guide, your key to understanding the Slovak business environment. For more information visit our online shop.
Despite the persisting Covid-19 pandemic, which impacted several completed mergers and acquisitions (M&A), transaction advisory dominated the references of the largest law firms in Slovakia in the past year.
M&A: 10 largest law firms
TaylorWessing e/n/w/c
HAVEL & PARTNERS
HKV Law Firm
Allen & Overy
Dentons Europe CS LLP
Kinstellar
White & Case
RELEVANS
RUŽIČKA AND PARTNERS
Hillbridges
* ranking created based on the following criteria (values for 2020): number of M&A deals with regard to reward law firm received for them (70% weight); sales revenues (10% weight); number of attorneys (10% weight); number of associates practicing > 3 years (6% weight); number of associates practicing < 3 years (4% weight)
There are more than 100 such references in total, as stems from the data provided to the English-language newspaper The Slovak Spectator and the Sme daily. The ranking of the largest law firms was compiled based on objectively measurable criteria, such as sales revenues, the number of attorneys, the number of deals, and more.
Media market faced changes
The Penta investment group left the Petit Press publishing house, which issues The Slovak Spectator and Sme, in April 2021. It sold its 34-percent stock to the publishing house’s managers, investor Marek Václavík and the Pluralis fund, which is managed by the Media Development Investment Fund, a New York-registered non-profit investment fund for independent media. The purchasers – Alexej Fulmek and Peter Mačinga of Petit Press, and Václavík – were advised by the MCL law firm.
The media market saw other ownership changes after the sale of three Slovak radio stations – Vlna, Jemné and Európa 2 – was announced earlier this year. They were all considered part of the portfolio of media outlets close to the investor J&T Private Equity Group.