Uría Menéndez and Martínez-Echevarría advise on BD Capital take-private of Netex Knowledge Factory
Uría Menéndez and Martínez-Echevarría have advised on BD Capital acquisition of a majority stake in Netex Knowledge Factory, the Galician e-learling company, through a takeover offer to all shareholders at a price of €4.75 per share, and the subsequent delisting of the company’s shares.
The transaction values the company at over 65 million euros and also includes a capital injection of 7.5 million euros for the expansion of Netex.
Uría Menéndez has advised BD Capital with a team formed by Manuel Echenique (partner, M&A-Private Equity, Madrid); Cristina Díaz Bauluz (managing associate, M&A-Private Equity); Gorka Atutxa Bernaola (managing associate, M&A-Private Equity); Alejandro Fuentes González (junior associate, M&A-Private Equity). David López Pombo (partner, Tax); Adrià Riba (counsel, Tax); Miloslava Ilcheva (senior associate, Tax).
Martínez-Echevarría has advised Netex and its reference shareholders under the leadership of partners Ramón Ruiz de la Torre Esporrín and Manuel Toledano Lanza, with the participation of lawyer Jaime Signes-Costa Smith among others.
