Global law firm White & Case LLP has advised CVC Strategic Opportunities on its acquisition of a minority stake in CDN77, an engineering-led internet infrastructure company which provides critical infrastructure for some of the world's most trafficked apps and websites.
Founder and CEO Zdeněk Cendra will retain a majority stake in the business and continue as CEO.
Founded in 2011, CDN77 builds and runs its own network, hardware platforms and software stack, serving video, gaming, software and media platforms. The company has grown into a global edge network with more than 230 locations worldwide.
The White & Case team which advised on the transaction was led by partner Ben von Maur (London) and included partners Steve Worthington (Abu Dhabi), Ben Morrison, Jess Kemp, Catherine Hill, Dan Reavill and Tim Hickman (all London), Ivo Janda (Prague), Sara Nordin (Brussels), David Lim (Washington, D.C.), counsel Jakub Zavadil (Prague), and associates Karuna Naidoo, Natasha Okoye, Priya Sandhu, Oliver Wilson, Alex Ward, Rachel Thompson, Jee Yoon Chung, Joe Carroll, Ellen Ronayne, Daniel Mair, Mhairi Fraser and Isabella Bertolini (all London), Vaclav Zaloudek and Barbora Vaculova (both Prague), Mats Cuvelier and Lucas Verborgh (both Brussels) and Rosie Norwood-Kelly (New York).
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