EY Ukraine advised Nortal in its acquisition of IT-company Skelia

01 JUNE 2022. EY Ukraine advised Nortal, a global digital transformation leader, in its acquisition of Skelia, an award-winning leader in building cross-border IT organizations.

This acquisition brings Skelia’s cross-border organization-building expertise to Nortal’s unparalleled ability to deliver value through complex digital transformation projects.

EY's multidisciplinary team acted as an advisor to Nortal. Specifically, EY conducted legal, tax and financial due diligence of target companies and provided full legal support of the transaction.

EY project team was led by Borys Lobovyk, Partner, Law Leader for EY Ukraine. The financial part was managed by Larysa Marchenko, Partner, Transaction Advisory Services. Tax team was led by Vladimir Kotenko, Partner, Tax & Law Leader for EY Ukraine. Key project team also included Yurii Kovalenko, Associate, and Nataliia Berbat, Associate.

"We were happy to support Nortal in the strategic acquisition of Skelia. This deal shows that Ukrainian IT services sector continues to operate and attract global IT industry players even in these unprecedentedly tough times," – commented Borys Lobovyk, Partner, Law Leader for Ukraine.

Nortal, founded in 2000, employs over 1400 people and has 20 offices in Europe, the United States, and the Middle East. Nortal’s Seamless Teams bring together world-class strategic consulting, software engineering, product and customer experience, project management and design practices to create meaningful impact for customers and seamlessly deliver the future.

Skelia, founded in 2008 and employs more than 350 people, mostly in Ukraine and Poland. Skelia serves customers in 10 countries and operates through a global network of offices in the Benelux, Poland, Ukraine, and the United States.

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