M&A transaction in regard to WiFi Map project was finalized

Aleinikov&Partners advised the Belarusian founder of WiFi Map in the M&A transaction, connected to his exit from the project. The lawyers of A&P structured the transaction and fulfilled preparation and coordination of the documents on the project.

WiFi Map LLC develops and promotes the same-named mobile app that crowdsources information about free WiFi hotspots. The application for iOS and Android was installed on more than 30 mln mobile phones. It provides access to the DB, which includes 6 mln WiFi hotspots all around the world.

The Aleinikov&Partners team on the transaction was led by Dmitry Matveev, the firm's partner.