Our firm advised Ideal Holdings S.A. on the signing of the SPA for the acquisition of 100% of Netbull IT Services Ltd through its subsidiary ADACOM Cyber Security S.A. and for an agreed consideration of €6.3 million.

Netbull was founded in 2013 and provides cybersecurity services with emphasis on Incident Response and Cyber Security Incident Monitoring & Prevention services, through a – Security Center (SOC- Security Operation Center) that uses artificial intelligence and machine learning technologies.

Our team was led by our partner Nikos Fragos and was mainly assisted by Georgios Zervakis, trainee lawyer, Angela Boletsi, associate and Pinelopi Anyfanti, trainee lawyer. Our senior counsel Aggeliki Tsatsi advised on all relevant employment matters.