SRS advises Gyrus Capital on 40m euro acquisition of KSR

SRS Legal has advised Gyrus Capital (a leading Swiss private equity fund manager) on the acquisition of the worldwide business of KSR Group (international IT consulting group), including the Portuguese subsidiary KSR S.A., which is the worldwide head of the group, and XCability S.A. The deal has been valued at 40 million euros. Gyrus is a Swiss investment firm dedicated to transformational investments in industries that address structural needs of society and the environment that are positioned for long term sustainable growth.

The mandate includes legal due diligence on the Portuguese companies and all remaining subsidiaries of the KSR Group located in Mexico, Chile, Uruguay, Germany, China, Malta, Brazil, USA and Venezuela, and advising on the negotiation of the various transaction agreements and documents inter alia shareholders agreement of Luxembourg parent company of the purchaser into which sellers are to reinvest, as well as shareholders agreement of Malta company, share purchase agreement, asset transfer agreement and reinvestment agreements.

SRS Legal’s team was led by Maria Paula Milheirão (partner).