Noerr is BP advisor on investment in BalaBit

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Noerr, the international law firm, announced yesterday that it advised English private equity investor C5 Capital Limited on its investment in Hungarian IT start-up company BalaBit, which provides innovative solutions in the field of cyber security.

A team of our Noerr’s Hungarian lawyers advised C5 with regard to the Hungarian legal aspects of the transaction, including advice on state aid law, employment law and IT law, and also drafted some of the software license agreements for the IT start-up company, the law firm said. The value of C5 Capital Limited’s investment was put at USD 8 million.

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