Sygnity S.A. acquires Edrana Baltic, UAB

Sygnity S.A. acquired Edrana Baltic, UAB.

Sygnity is one of the biggest IT companies in Poland. It focuses on six business segments: banking and finances, manufacturing, telecommunications, utilities, health care and public administration. The company offers services for large and medium-sized enterprises and public administration institutions.

UAB “Edrana Baltic” is one of the largest software developers in the Baltic countries. The company specializes in the development and implementation of complex business and activity management systems using advanced IT technologies, carries out their copyright and technical supervision, provides consultations and service, conducts user training and other related activities.

COBALT team, including Partner Dr Juozas Rimas and Senior Associate Augustinas Petkevičius, advised the client. They assisted the buyer with the legal due diligence process and provided support in respect of the acquisition of the Edrana Baltic, UAB.