HAVEL & PARTNERS advised Hungarian venture capital and private equity firm Lead Ventures on its investment, through fund Enter Tomorrow Kockázati Tőkealap, in CloudTalk, a Slovak start-up active in the field of cloud-based solutions for call centres. It was one of the largest venture capital investments in the history of Slovakia.

Lead Ventures was one of the two lead investors in the Series B investment round for a total of €26 million. A total of 6 investors from 4 countries (Germany, the Netherlands, Hungary and the Czech Republic) participated in the investment.

The legal advice comprised due diligence including foreign jurisdictions, structuring and negotiating transaction documentation, and closing the entire transaction. For HAVEL & PARTNERS’ Slovak office, it was led by partner Ondřej Majer and senior associate Peter Kosecký. Although this was a comprehensive and demanding work, the entire investment round was closed very quickly, in about one month.

CloudTalk was founded in 2018 and provides services that enable call centres to deliver call automation and quality excellence.