Bird & Bird‘s Czech Transaction team continues successful cooperation with KB SmartSolutions, s.r.o.

In 2020, the Czech transaction team of international law firm Bird & Bird started advising KB SmartSolutions, s.r.o. ("KBSS"), a subsidiary of Komerční banka, a.s. (a member of the Société Générale Group), through which Komerční banka, a.s. invests in modern technologies in the field of financial services and thus significantly contributes to the transformation of traditional banking institutions into innovative and technologically strong new generation banks.

Bird & Bird provides legal support to KBSS acting as a strategic investor in selected FinTech projects.

One of the very successful projects is KBSS's capital entry into upvest s.r.o. ("upvest"), which mainly provides investments in real estate development projects through crowdfunding. So far, upvest has facilitated more than 13,000 investments with a total value of more than one billion Czech crowns.

Since its strategic entry into upvest in 2020, KBSS has decided to significantly increase its equity participation in this company. The transaction took place in the form of a share transfer and KBSS became the majority shareholder of the company. The transaction was led by partner Ivan Sagál and supported by Ľubomír Brečka, Martina Waliczková, Martin Dolnák and Karolína Rösler.

Bird & Bird focuses on providing strategic advice to companies that are affected by the digital environment and new technologies or contribute to it through their activities. The Bird & Bird team has long been involved in FinTech and technology-oriented M&A transactions and has gained international respect for its know-how in the digital economy, as evidenced by the many prestigious awards Bird & Bird has received.

Read the press release in Czech here

News & Deals

More News & Deals
News Bird & Bird advises MOL on joint acquisition of Scotland's Port of Nigg

Sep 11 2025

Read More
News Bird & Bird hires industrials, infrastructure and transport expert Eleanor Kerslake as new partner

Sep 08 2025

Read More
Deal Bird & Bird advises Siloco on the acquisition of NOVOCONT and NOVORENT

Sep 05 2025

Read More
Deal Bird & Bird advises Investronic shareholders on Evolem's equity investment

Sep 03 2025

Read More
News Bird & Bird strengthens Polish Energy & Utilities team with new partner hire

Sep 02 2025

Read More
News Bird & Bird boosts regulatory team in Brussels with double partner hire

Sep 01 2025

Read More