Taylor Wessing has advised CentralNic Group plc – a global software company - on its acquisition of the business and assets of SK-NIC. SK NIC is the manager of Slovakia’s top level domain (.sk).

CentralNic develops and manages software platforms, earning revenue from worldwide sales of internet domain names. SK-NIC is its latest purchase including the full business and all of its assets.

Taylor Wessing used its international reach courtesy of its London and Bratislava offices to close the deal. The team in London was led by corporate partner Russell Holden, with support from senior associate Amy Coburn. Banking and Finance partner Martin Yells and senior associate Kyle Adams led on debt finance. The team in Bratislava was led by partners Radovan Pala and Juraj Frindrich who specialise in IP/IT and corporate law.

CentralNic’s CEO Ben Crawford said: “We are very pleased to have agreed terms for the acquisition of SK-NIC’s business which is a highly attractive addition to the CentralNic group. The cross-jurisdictional Taylor Wessing team were a core part of that, and their seamless international offering was an important component in agreeing the terms of this complex transaction.”

Russell Holden, head of Corporate Finance at Taylor Wessing in the UK, said: “We are delighted to have advised CentralNic on this key strategic acquisition in keeping with its growth strategy. The ability to deliver real cross-border corporate expertise, combined with our strong knowledge of the IT sector, enabled us to play a crucial advisory role for CentralNic.”