August 2024 – Kinstellar acted as Ukrainian legal counsel to Accountor, a leading provider of mission-critical business software, on the sale of its subsidiary company in Ukraine to Aspia.
Aspia is a leading business partner offering technology-enabled accounting, payroll, tax and advisory services in Sweden, Norway, Finland and Denmark. Accountor specialises in financial, payroll and HR management services. The group employs about 1,700 experts and operates in Finland, Sweden, Norway, Denmark, Netherlands and Ukraine.
In July 2024, Accountor became part of Aspia Group. For the transaction details, see Accountor’s press release here.
The advice provided by Kinstellar related to legal support for the sale, by Accountor Holding Oy, of its subsidiary company in Ukraine to Aspia AB.
The Kinstellar team was led by office Managing Partner Olena Kuchynska with support from Senior Associate Mykola Lykhoglyad. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as the lead legal counsel representing Vitruvian Partners and Accountor. Kirkland & Ellis acted as the lead legal counsel representing Aspia.