PRK PARTNERS acted as a Czech counsel to Clover Wireless with respect to its acquisition of Teleplan Group's global business
Clover Wireless, a global leader in aftermarket life-cycle management services for mobile, computing and other consumer electronics devices, acquired Teleplan International N.V. (“Teleplan”), a global electronics supply chain services and solutions provider. The transaction was closed on 4th December 2019.
PRK Partners conducted a due diligence investigation of Teleplan’s Czech entity Teleplan Prague s.r.o. and provided a comprehensive legal support of the transaction from the Czech law point of view, especially with respect to the insurance and financing aspects. Our team was led by Jakub Lichnovsky, partner, and Jan Krömer, senior attorney.
Loyens & Loeff N.V. and Kirkland & Ellis LLP served as global legal advisors.