Elias Neocleous & Co LLC (“ENC”) is pleased to have acted as Cyprus legal counsel to Macintyre Hudson Ireland Limited, a subsidiary of MHA plc, in connection with its €24 million acquisition of Baker Tilly South East Europe. The transaction brings together over 800 professionals across Cyprus, Greece, Bulgaria, Moldova, and Romania, further strengthening MHA’s regional presence and marking a key milestone in its post-listing growth strategy.
Working alongside the client’s UK counsel Freeths LLP, ENC advised on all Cyprus law matters relating to the acquisition, including review and negotiation of the corporate and transactional documents, preparation of Cyprus legal due diligence, regulatory and merger control advice, employment matters, and coordination of all jurisdictions to support the transaction through to completion. The firm also secured merger control clearance in Cyprus for the acquisition.
Notably, ENC collaborated with all regional counsel in the relevant jurisdictions of the operations of the target, Dinova Rusev & Partners for Bulgaria, Kyriakides Georgopoulos (KG) Law Firm for Greece, Cerha Hempel for Romania, and Schoenherr for Moldova, to coordinate the multi-jurisdictional due diligence exercise and regulatory aspects of the transaction.
The Elias Neocleous & Co LLC team comprised Andrea Kallis Parparinou, Xenia Kalogirou, Ramona Livera, Katia Papadopoulou, Demetris Gregoriou, and George Tsardellis (litigation matters).