Forvis Mazars advises Libusoft Cicom
Forvis Mazars advises Libusoft Cicom
About the Company
Libusoft Cicom is an IT and consulting company that develops and implements solutions for the informatisation of business processes. The company is known to general public as the leader of digitization of public administration in Croatia. The company has been operating in the Croatian market for 30 years.
Sector: Information Technology
Service
The Forvis Mazars team advised the owner of Libusoft Cicom from the initial talks, coordination of the due diligence process to the conclusion of transaction with IN2 Group that specialises in providing software development service. IN2 Group acquired 100% of stake in Croatian company Libusoft Cicom. Thus Libusoft Cicom became a part of a multinational CSI Group ((Constellation Software Inc.) under whose umbrella is IN2 Group.
“The process of the M&A transaction of the sale of shares represents a challenge for each owner, which consists of the legal and financial segments, but we must not forget the emotional part of the process. Forvis Mazars team provided us with complete financial advisory support, from the beginning of negotiations to the finalization of the transaction. During the entire process, they made themselves available, and thanks to their agile approach, we went smoothly through the whole process. The trust we built then continued with future collaboration where Forvis Mazars continues to provide us financial advice.“
- Owners of Libusoft Cicom d.o.o.
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