Denuo advises Milestone Capital on acquisition of a majority stake in Kodix Auto

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.

Denuo advises Milestone Capital on acquisition of a majority stake in Kodix Auto

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