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Kinstellar advises I Squared Capital on the acquisition of Arriva Group

November 2023 – Kinstellar, together with Skadden, Arps, Slate, Meagher & Flom as the lead counsel, has successfully advised Miami-based I Squared Capital, a leading global infrastructure investment manager, on the multi-jurisdictional acquisition of the entire Arriva Group, an international transport business of Deutsche Bahn. The sale is expected to close in 2024.

Kinstellar delivered a comprehensive range of legal services. This included conducting due diligence and offering regulatory advice that spanned multiple Central and Eastern European (CEE) countries. Kinstellar also provided transactional advice, with a specific focus on local law requirements arising in connection with the negotiation of the SPA and completion of the transaction. Kinstellar also assisted with the negotiations of the Warranty & Indemnity (W&I) insurance.


The Kinstellar team, including the Czech team, was led by Jan Juroška (Partner) and Matěj Večeřa (Senior Associate).

  • The Slovak team was led by Dominika Bajzáthová (Counsel) and Lívia Miklenčičová (Associate).
  • The Croatian team was led by Edin Karakaš (Partner) and Zrinka Ivanković (Senior associate).
  • The Romanian team was led by Zsuzsa Csiki (Partner) and Mihai Stan (Senior Associate).
  • The Hungarian team was led by Gábor Gelencsér (Partner) and Csenge Koller (Senior Associate).
Jan Juroška Office Managing Partner
+420 221 622 162
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