1 March 2023 — Denuo has advised Milestone Capital, a Russia-based search fund, on the acquisition of a majority stake in Kodix Auto, a Russian IT company that offers innovative digital products and solutions servicing to enhance car sales by leading automotive brands and their dealers.

Milestone Capital implements a new business development strategy in order to make the process of buying and servicing vehicles more transparent and convenient and to create additional value for the company’s clients. The management has also rebranded Kodix Auto, which now operates under the brand name UDP Auto.

Denuo handled all legal aspects of the acquisition, including the deal structuring, the negotiation of the transaction documentation, regulatory approvals, signing and completion. The Denuo team included Mukhamed Evloev, Zaurbek Timaev, Alexander Mysov and Elizaveta Bekmulaeva.

About Denuo

Denuo is one of the largest full-service law firms in Russia with offices in Moscow and St Petersburg. Denuo’s team consists of more than 100 legal professionals, including 16 partners, all of whom used to be part of DLA Piper’s Russian practice. www.denuo.ru

Contact

Ekaterina Kirina, Marketing and Business Development Manager
+7 495 221 44 00, ekaterina.kirina@denuo.ru