Press Release

KŠB’s team (Martin Šolc, Jakub Porod, Ota Mach and Klára Dvorská) advised Clayton, Dubilier & Rice, one of the oldest private investment companies in the world, and its lead legal counsel Debevoise & Plimpton on the Czech aspects of acquiring Vialto Partners, a former Global Mobility business unit of PriceWaterhouseCoopers.

Since being founded in 1978, Clayton, Dubilier & Rice has invested in more than 100 companies, with an aggregate transaction value of more than $175 billion. CDR has offices in New York and London and focuses on opportunities in North America, Western Europe and Asia in a wide range of sectors, including consumer/retail, healthcare, industrial and services.

Vialto Partners is a leading provider of globally integrated solutions supporting global workforce mobility, including immigration, tax, managed services, and digital solutions. The acquisition will enable Vialto Partners to accelerate investment in its growth and become a leading independent provider of these services. Vialto Partners had previously operated inside the PwC network as the Global Mobility Services business unit. With this transaction, Vialto Partners becomes a leading independent provider of services supporting cross-border employee mobility. The new company combines the global scale and deep expertise of PwC's mobility experts, with the agility, energy, and resources of a new company backed by CD&R. Vialto Partners will accelerate its investment in technology and new services to create a more efficient, end-to-end mobility experience for organizations and their mobile employees.

In addition to transactional advice, KSB's assistance included corporate advice on registering the client with the Czech Chamber of Tax Advisors as a tax advisory firm, and on employment matters.