Sayenko Kharenko advises Avenga on the acquisition of Perfectial Group

Sayenko Kharenko has acted as Ukrainian legal counsel to Avenga, an international IT and digital transformation technology group, in connection with the acquisition of Perfectial Group.

Perfectial Group, a Ukraine-based tech company, brings a team of 500 engineers and UX specialists to Avenga, helping them simultaneously satisfy steadily growing customer demands and scale their service offerings on the global market even faster. As part of the organisation’s long-term strategy, this new alliance underlines Avenga’s objective to shake up the traditional IT market and establish itself as a leading player.

Avenga is a technology partner delivering strategy, customer experience, solution engineering, managed services, and software products to hundreds of world-renowned clients, including ABB, Volvo, and Credit Suisse. With soon 3,500 professionals on board and 20+ years of experience in IT and digital transformation, the company will maintain a total of 27 locations in Europe, Asia, and the US. Avenga is backed by funds managed by Oaktree Capital Management L.P. and Cornerstone Investment Management to expand further.

Sayenko Kharenko team provided a wide range of transactional support on Ukrainian law matters and worked closely with Allen & Overy, a lead legal counsel to Avenga, involving Allen & Overy offices in Frankfurt, Duesseldorf, Luxembourg and New York.

Sayenko Kharenko corporate and M&A team advising on the transaction was led by senior associate Oksana Daskaliuk and included senior associate Tymur Enkhbaiar, associates Konstantin Zablotskyi, Tetiana Dyvak and Daria Karlenko, junior associates Andrii Oliinyk and Nazarii Pylypchuk. Corporate and M&A partner Oleksandr Nikolaichyk provided strategic advice in connection with the project. Partner Vladimir Sayenko, supported by senior associate Igor Pomaz advised on antitrust matters. Counsel Oleg Klymchuk, supported by associate Ivan Chopyk and paralegal Anastasiia Safonova advised on IP matters. Senior associate Anton Kerimov-Varanytskyi advised on tax matters under the general supervision of partner Svitlana Musienko.