Buren advises Bitdefender Holding B.V., a leading global cybersecurity technology company, with the acquisition of a significant minority stake in the company by Vitruvian Partners, the independent European private equity firm, from existing shareholder Axxess Capital, which values the business at over $600 million.
Bitdefender is a global security technology company that provides cutting edge end-to-end cyber security solutions and advanced threat protection to more than 500 million users in more than 150 countries. The company offers an extensive portfolio of award winning security solutions for both consumers and corporate users, recognized for their superior protection capabilities by amongst others Gartner, Frost&Sullivan and AV-Comparatives.
Vitruvian is an independent pan European private equity firm which specializes in ‘dynamic situations’- investments in companies undergoing growth and change typically driven by technology. Vitruvian helps portfolio companies scale their operations by providing an operational support system and assistance with strategic initiatives including acquisitions.
On 20 May 2015 the European Parliament adopted the so-called Fourth Anti-Money Laundering Directive 2015/849/EC (“AMLD”) that seeks to prevent money laundering and terrorism.
Effective as of 1 January 2017 a new article has been introduced to the already existing statutory transfer pricing framework in Luxembourg. Until that date a general provision confirmed as a general principle of Luxembourg tax law the