Comprehensive advice during the sale of the Czech company GuideVision to the Indian IT company Infosys

24. 09. 2020

HAVEL & PARTNERS, the largest Czech-Slovak law firm, has provided comprehensive legal and tax advice to GuideVision, s.r.o., which provides consultancy, implementation, training and support to customers using ServiceNow, one of the most successful cloud platforms. The new owner of GuideVision will be Infosys Limited, an Indian IT company. The legal team for mergers and acquisitions headed by Jan Koval, a partner, was made up of senior associate Veronika Filipová and associate Ivo Skolil, while senior associate Vojtěch Katzer was in charge of labour matters and counsel Josef Žaloudek was in charge of the tax aspects of the transaction throughout the whole process. The value of the entire transaction amounts to EUR 30 million and it is, therefore, another significant IT transaction with an international dimension that the law firm was involved in.

The Prague-based GuideVision, with a team of over 240 people, is the most significant partner of ServiceNow in Central and Eastern Europe, and according to its financial statements, its last year’s sales amounted to CZK 314.2 million, marking growth of nearly CZK 71 million year-on-year. The Indian-based Infosys, with over 242 thousand employees and sales of over USD 13 billion, is one of the world’s largest IT companies. Infosys considers the ServiceNow platform to be one of the fastest growing enterprise software solutions and thanks to the acquisition of GuideVision, it intends to strengthen its position in the field in the long run.


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