MacPaw Group, a leading Ukrainian software developer, has been restructuring its Group to streamline its ownership structure, improve corporate governance, and protect assets.
Vasil Kisil & Partners’ team, having analysed the Group's current corporate structure, developed recommendations to improve the Group's organisation and governance. The recommendations covered, in particular, the Board’s role in strategic management and control, project financing issues, tax risks in connection with the EU ATAD3 Directive, protection of the Group’s and its shareholders’ ownership rights, and social projects promotion.
Kateryna Zlenko, Chief Legal Officer at MacPaw, comments on the project as follows: “We have embarked on a number of transformations and initiatives in our business and, in this process, it is important for us to have an outside view of our existing approaches to governance and our future plans. We engaged Vasil Kisil & Partners as an advisor, relying on their expertise and experience in complex corporate projects that require an integrated approach. It is important for us that Vasil Kisil & Partners form their recommendations based primarily on the specifics and needs of our business.”
Volodymyr Igonin, Partner at Vasil Kisil & Partners, notes: “We are glad to cooperate with MacPaw, a company that is an outstanding example of innovation and success in the product segment of the Ukrainian IT sector. Like modern software, which is constantly being improved, approaches to business organisation also require regular updating. Analysing internal and external challenges shortens the path to the goals set and ensures sustainability.”
The project was handled by the Corporate Practice Group team composed of Volodymyr Igonin, Partner, Artem Shmatov, Senior Associate, and Associates Oleksandra Konduforova and Olha Lynnyk.
MacPaw is a Ukrainian IT company that develops and distributes software for macOS and iOS. MacPaw is the maker behind CleanMyMac X, Setapp, ClearVPN, and other products. Today, MacPaw products have more than 30 million users worldwide. Every fifth Mac on Earth has at least one app by MacPaw.
For more details please contact Olga Shevchenko, PR Manager
Tel.: +380 67 358 47 82
E-mail: shevchenko@vkp.ua
About the Firm
Established in 1992, Vasil Kisil & Partners is a Ukrainian law firm that delivers integrated legal advice in banking & finance, mergers & acquisitions, capital markets, antitrust, competition and trade, dispute resolution, public advocacy, tax law, energy and natural resources law, intellectual property law, labor and employment law, real estate and construction law, as well as PPP, concessions and infrastructure law. Vasil Kisil & Partners is a member and exclusively represents Ukraine in such international professional associations as TerraLex (160 law firms in 100 countries), Cathay Associates (40 high-profile law firms with over 500 headcount worldwide in 43 major cities and countries across Europe and Asia) and Ius Laboris (1700 labor and employment lawyers in 50 countries). Andriy Stelmashchuk is a managing partner of Vasil Kisil & Partners law firm.
