Buk. Asset acquisition in Control It
1. Deal Description
Guerrero Olivos represented HR software developer, Buk SpA. in the acquisition of the assets owned by Control It. This acquisition will improve and broaden the services rendered by Buk to its clients including control clock systems to their platform.
Our venture capital, M&A and tax teams worked in the transaction, including the corporate and tax definition and payment structure, which included both cash payment and share contribution with additional future price adjustments, subject to meeting certain criteria.
2. Counsel list
Counsel to Buk: Guerrero Olivos
Leading associate: Francisca Martínez
Leading partner: Alejandro Chechilnitzky
Partners: Benjamín Pérez and Pedro Lyon
Associates: Jaime Antoñanzas, Pablo Escobar, Juan Luis Vial and Florencia Cortés
3. Date of closing
11/08/2021
4. Deal Value
Confidential
5. Jurisdictions involved
Chile