Novalia has once again played a pivotal role in the successful sale of a Czech technology startup to an international buyer. Inventoro, a Czech AI-powered inventory management platform, has been acquired by global firm Cin7 for an undisclosed sum. The transaction was led by GELAR on behalf of the Czech stakeholders, with Novalia representing two investors and assisting the startup founders with legal matters concerning US legislation.

This transaction marks another significant exit for the Czech startup scene, and Novalia is proud to have been a part of it. The deal was orchestrated by GELAR, while Novalia provided crucial support on US legal aspects through Bill Finney, a Novalia partner and US lawyer specializing in M&A transactions involving US companies.

Vojtěch Tancoš, a key member of Novalia since 2017, brought his expertise in technology investments, venture capital, and M&A to the table. He represented the interests of two of Inventoro’s investors, both long standing clients of Novalia.

Commenting on the transaction, Bill Finney said, “This is another milestone for the Czech technology sector. We are delighted to see more local B2B SaaS startups grow globally, aim to conquer the US market, or find a suitable buyer for their exit, seeking our assistance in the process.“

Novalia’s involvement in this successful exit underlines their capability and experience in navigating complex international transactions, further solidifying our position as a trusted advisor in the Czech technology and investment landscape.