Baker McKenzie advised on the sale of a Ukrainian artificial intelligence startup to an Israeli public company
Baker McKenzie, Kyiv, Ukraine,
April, March 3, 3019
Kyiv, Ukraine, 3 April 2019. The Kyiv office of Baker McKenzie represented the sellers of Septa Communications (trading as Captain Growth), a Ukrainian AI startup, in its acquisition by Perion Network Ltd, an Israeli adtech company listed on NASDAQ and the Tel Aviv Stock Exchange.
Andrii Finogin, Senior Associate at Baker McKenzie, represented Dmytro Bilash and Dmytro Plieshakov, the startup's co-founders, in the sale negotiations and advised them on the transactional documents.
Commenting, Viacheslav Yakymchuk, Partner and Head of the Corporate/M&A practice group, said, "We are pleased to see increasing cross-border M&A activity in the Ukrainian IT industry. Ukrainian startups are getting ever prominent on the global tech scene, and we are proud to be involved."