JPM & Partners and Prica & Partners Advise Adval Capital on Formation of Regional Testing, Inspection and Certification Group

"JPM & Partners advised Adval Capital on acquiring Aerolab and Tehpro to form a regional testing, inspection and certification group. Prica & Partners advised Tehpro seller Zoran Sukalo, while sole practitioner Maja Dumanovic advised Aerolab sellers Ratko Pavic and Jovica Novakovic. The transaction remains subject to regulatory approval."

JPM & Partners advised Adval Capital on the acquisitions of Aerolab and Tehpro, while Prica & Partners represented Tehpro's seller Zoran Sukalo; sole practitioner Maja Dumanovic advised the sellers of Aerolab, Ratko Pavic and Jovica Novakovic. Adval Capital, a Belgrade-based family office investor, has acquired Aerolab and Tehpro to create an initial regional testing, inspection and certification (TIC) group. Aerolab is an environmental testing and consulting provider and Tehpro is a qualified provider of health, safety and environment (HSE) services. According to JPM & Partners, the combination of the two companies forms the initial foundation of the new regional group. The transaction remains subject to regulatory approval. JPM & Partners represented Adval Capital with a team composed by: Partners Nikola Poznanovic and Jelena Stankovic Lukic and Senior Associates Luka Hajdukovic and Katarina Rosic. Prica & Partners represented client Zoran Sukalo with a team composed by: Partners Danica Gligorijevic and Ana Calic Turudija and Senior Associates Jovana Obradovic and Jelena Zivanovic. Sole practitioner Maja Dumanovic represented the Aerolab sellers Ratko Pavic and Jovica Novakovic.

JPM & Partners and Prica & Partners Advise Adval Capital on Formation of Regional Testing, Inspection and Certification Group

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