Sociéte de Services,de Participations,de Direction et d'Elaboration (ENXTBR:SPA) agreed to acquire 93.29% stake in Devin JSC on December 19, 2016. The transaction values Devin at €120 million enterprise value. As of February 16, 2017, Bulgarian Commission for Protection of Competition approved the acquisition of Devin JSC. CMS Hasche Sigle acted as legal advisor for Advent International Corporation. BNP Paribas Fortis SA/NV (ENXTBR:017250539) acted as financial advisor for Sociéte de Services,de Participations,de Direction et d'Elaboration. Rob Irving ,Chris Watkinson ,Nora Wouters , Zita Albert and Ivan Jelocnik of Dentons Europe LLP acted as legal advisor to Group SPADEL. Ernst & Young LLP acted as legal advisor to Spadel SA.