DTB Supported Spotler Group in Its Acquisition of Webpower Adria
December 2025
Our member firm Divjak Topic Bahtijarevic & Krka supported Spotler Group in its acquisition of Webpower Adria, a leading regional email marketing and marketing automation provider supporting more than 250 clients across the region.
By acquiring its long-term regional partner, Spotler Group, a leading European marketing technology provider based in the Netherlands, will further strengthen its presence in Southeast Europe.
Led by Partners Damir Topic and Dina Salapic, DTB's team included Dominik Glavina, Senior Attorney, Attorneys Marijana Soldo Kubat, Barbara Simic Rod, Anella…
DTB Advises on Sale of Signalinea
July 2025
Our member firm Divjak Topic Bahtijarevic & Krka acted as legal advisors to Marko Dovgan, the owner of Signalinea LTD, a leading Croatian provider of installed guardrail solutions and road marking services, in the successful sale of his shares to Saferoad Group, a European leader in road safety and steel solutions.
The acquisition of Signalinea by Saferoad Group positions Signalinea for continued growth and strengthens Saferoad’s presence in the Southeast Europe region, representing a significant step forward for both parties in their shared commitment to advance road safety.
DTB's…
DTB Advises Bank Pekao S.A. on €300 Million Financing for Studenac
July 2025
Our member firm Divjak, Topic, Bahtijarevic & Krka has advised Bank Pekao S.A. in connection with a new EUR 300 million financing package secured by Studenac, a Croatian retail chain store.
This strategic financing will enable Studenac to refinance its existing long-term obligations under more favourable conditions and to accelerate its growth through the opening of new stores and targeted acquisitions. The transaction marks a key milestone in the company's ongoing expansion strategy.
The deal was led by Bank Pekao S.A. with participation from both long-standing financial partners…
DTB Advises on Landmark USD 520 Million Financing for Infobip
July 2025
Our member firm, Divjak Topic Bahtijarevic & Krka, has acted as the advisor to funds and accounts managed by BlackRock and Blue Owl, in connection with a USD 520 million senior secured direct lending facility for Infobip, a leading global cloud communications platform.
DTB's team on this transaction consisted of Damir Topic, Senior Partner, Barbara Simic, Attorney, and Josipa Banozic, Associate.
DTB Acted for Cuadrilla Capital in Acquisition of Repsly, Inc.
January 2025
Our member firm, Divjak Topic Bahtijarevic & Krka, advised Cuadrilla Capital on all aspects of Croatian law in the acquisition of Repsly, Inc., alongside Massumi + Consoli LLP, who advised Cuadrilla on US-matters. Repsly Inc. is a leading retail execution software platform serving over 600 consumer product goods companies and retail service providers, whereas Cuadrilla is renowned enterprise software investment firm.
DTB team consisted of Damir Topić (Senior Partner, M&A), Senior Attorneys Dina Salapić (M&A) and Andrej Žmikić (Employment & Benefits) and Attorneys…
A&O Shearman and DTB Advised Partners Group in the Sale of VSB Group to TotalEnergies
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, and A&O Shearman have advised Partners Group, one of the largest firms in the global private markets industry, on the sale of VSB Group, a leading renewable energy platform in Europe, to French energy company TotalEnergies. The transaction gives VSB an equity value of EUR 1.57 billion.
DTB team was led by Damir Topic, Senior Partner, and Dina Salapic, Senior Attorney, and included Marina Kovac Krka, Partner, Senior Attorneys Andrej Zmikic and Jasna Belcic, Attorneys Sanja Novoselic, Barbara Simic and Jure Marovic, Andrija…
DTB Represented EBRD in EUR 100 Million Worth Cooperation with ZABA for the Financing of Green Projects
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, represented the European Bank for Reconstruction and Development (EBRD) in partnership with Zagrebačka banka (ZABA), the leading bank in Croatia and member of the UniCredit Group, in which it provided ZABA with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Programme. ZABA thus became the EBRD’s first partner financial intermediary under the InvestEU programme. This financial instrument is designed to cover a newly generated portfolio of loans, and the total value of…
DTB Assisted Digital Realty in the Sale of Cloud Services Business to Databox
November 2025
Our member firm Divjak Topic Bahtijarevic & Krka assisted Digital Realty, the world's largest provider of data center solutions, in the sale of its cloud services business in Croatia to Databox, a leading Croatian provider of cloud and data center services.
Dina Salapic, Senior Attorney, led DTB's team, which included Attorneys Barbara Simic, Anella Bukovic and Jure Marovic, and Valeria Kirac, Associate, in supporting Digital Realty on the M&A and commercial aspects of the transaction.
DTB Represented Akuo Energy in the Sale of Elektrana Grubisno Polje
October 2024
Our Croatian member firm, Divjak Topic Bahtijarevic & Krka, represented Akuo Energy in the successful sale of Elektrana Grubisno Polje. This 5 MWe biomass CHP plant and the adjacent Sirocco drying facility in Croatia have been acquired by Ancala, a leading UK-based infrastructure manager. To date, DTB has supported Akuo Energy with various renewables projects.
Mario Krka, Senior Partner, led DTB's experienced team of seasoned lawyers – Ana-Maria Sunko Peric, Attorney (transactional and M&A support), Marina Kovac Krka, Partner (energy), Andrej Zmikic, Senior Attorney (employment),…
DTB Represented Talan Group in the Sale of 60% of Shares in SOLVIS
May 2024
Divjak Topic Bahtijarevic & Krka represented Talan Group (Talan) in sale of 60% of shares in Solvis, the largest Croatian producer of solar panels and developer of power plants, to Advance Capital Partners (ACP), the largest regional private equity fund based in Slovenia. Completion of the transaction is subject to customary regulatory approvals and other conditions precedent.
This strategic partnership between ACP and Talan will enable the implementation of joint development plans, the internationalisation of business and the development of new green energy solutions, which will…
DTB advised major Turkish conglomerate Dogus on a EUR 31,2 m club credit facility
February 2024
DTB advised the borrower Zadar Resort d.o.o. and sponsor Dogus Croatia in a transaction where Zadar Resort borrowed EUR 31,2 m from Privredna bank Zagreb d.d. and Croatian bank for reconstruction and development as Mandated Lead Arrangers. The facility will be used for the development of a 5-star luxury hotel in Zadar, which will be under the management of the leading hotel operator Hyatt.
Dogus is one of the largest Turkish conglomerates with a long-standing operation in Croatia in the tourism and leisure industry. The development of the luxury hotel in Zadar is one of the largest…
DTB Assisted with Sale of Hotel Bonavia
January 2024
Our member firm Divjak Topic Bahtijarevic & Krka acted as legal counsel for the seller, Plava laguna d.d., in relation to the sale of the stunning four-star Hotel Bonavia, located in the heart of Rijeka, to Bonavia Rijeka d.o.o. Plava laguna d.d. manages an extensive portfolio of tourist facilities in Croatia, including hotels, resorts and camps.
DTB’s team, led by the Managing Partner Emir Bahtijarevic, was comprised of attorneys Sanja Novoselic and Barbara Simic. The team provided legal advice and support to the client in due diligence, negotiations, structuring of the…
