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TARK GRUNTE SUTKIENE Tallinn office advised Webmedia on sale of its holding in Zeroturnaround

TARK GRUNTE SUTKIENE Tallinn office advised Webmedia on sale of its holding in Zeroturnaround

03.08.2011

Estonia’s largest software solutions provider Webmedia sold its 35.89% stake in Zeroturnaround, the Estonian software developer known by and awarded for its programmers oriented flagship product JRebel. Webmedia´s holding was acquired by USA venture capital company Bain Capital Venture, which also purchased some shares from the other shareholders of Zeroturnaround.

TARK GRUNTE SUTKIENE senior associate Marit Savi assisted Webmedia with conducting the sale transaction.