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JPM & Partners advised Adval Capital on the acquisition of 49% stake in DMV

JPM & Partners is pleased to have advised Adval Capital on its acquisition of 49% equity stake in DMV, a leading European manufacturer of driver and public information LED displays and a provider of advanced traffic management solutions.

Founded more than 35 years ago and headquartered in Niš, DMV has established itself as a technology-driven company with strong engineering capabilities and a well-developed international presence across more than 80 countries. Under the leadership of its founder, Mr. Dušan Šarković, the company has grown into a respected industry participant, recognized for its innovative solutions and long-standing expertise in the field of traffic and mobility infrastructure.

Through this strategic partnership, Adval Capital will support DMV for the next phase of growth, with a focus on further strengthening the company’s organizational structure, enhancing its operational capabilities and expanding its global footprint.

JPM & Partners acted as legal advisor to Adval Capital in connection with the transaction, providing comprehensive legal support throughout all phases of the process. JPM & Partners conducted a full-scope legal due diligence of the target company and advised on the structuring, negotiation and implementation of the transaction, including the preparation and negotiation of the transaction documentation and coordination of the signing and closing process.

The JPM & Partners team was led by partners Nikola Poznanović and Jelena Stanković Lukić. Adval Capital was also supported by Ernst & Young, which provided financial due diligence services. The seller Mr. Šarković was advised by Tasić & Partners, with partner Vanja Stojanović-Cvetanovski acting as transactional advisor to the seller.

JPM & Partners would like to thank Adval Capital for the trust placed in our team and congratulate all parties involved on the successful completion of the transaction.

 

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JPM Law Office
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