For insolvency practitioners, administrators, receivers and counsel
A funded technical buyer for your sale process.
STI buys technology businesses, patents, software and equipment from insolvency practitioners and in restructurings – in Slovakia, the Czech Republic, Poland and across Europe. We bid with our own funds and assess the technology with engineers from our group.
Sale deadline? Send it first, with the date, time and time zone. Our first answer says whether we will look further; an enquiry does not reserve a bid or extend a deadline.
Own fundsNo financing condition in our offers. Proof of funds on request.
5 working daysto tell you whether we will look further
EUR 20k – 2Mtypical transaction size; larger with partners
A decision-makerThe person you speak to can commit STI.
What we buy
Technology assets that general buyers avoid
Businesses and units
An operating or restartable technology business, subject to its contracts and the rules on transfer of employees.
IP lots
Patents, applications, trademarks, software rights and domain names – together or separately.
Technical assets
Prototypes, pilot lines, laboratory and test equipment, tooling and technical documentation.
Results of EU projects
Results of publicly funded projects, taken over with their grant obligations and access rights.
What you can expect from STI
Commitments for your procedure
- Own funds, no financing condition. We invest our own capital. Proof of funds is available on request.
- An answer within five working days on whether we will look further, so you can concentrate on serious bidders.
- A decision-maker in the conversation. The person you speak to can commit STI.
- Technical assessment by our own group. Engineers from our group companies examine code, equipment and test data, so we can price assets that others discount.
- Value protected before completion. Under a written agreement with the seller, we can advance patent renewal fees and hosting costs during the sale process, deducted from the price.
- Offers in the form your procedure requires. Tender, auction, sale outside auction, plan or court-supervised sale – binding where required. We can accept “as is” terms where suitable.
Good practice
- Conflicts declared. If STI is or has been a creditor or shareholder of the debtor, or is connected to its management, we say so at the outset so that the required approvals can be obtained.
- Confidentiality. A confidentiality agreement before any data room. We do not contact the debtor's staff, customers or creditors without your consent. A confidentiality agreement does not create legal professional privilege.
- Personal data. We take over personal data only where there is a lawful basis; otherwise it stays with the estate.
- People. Where a transaction includes a team, employment is planned separately under the applicable rules and with the people concerned.
To bid well
What a credible bid needs
A non-confidential teaser with the scope and timetable is enough for a first answer. Before an offer, our review may need:
- Seller identity and authority, the procedure, the bidding conditions and the approvals required
- Asset list; patent and application numbers, territories, status and fee deadlines
- Assignments from inventors and employees; employee-invention arrangements
- Licences received and granted, options, pledges and other encumbrances
- Software dependencies, open-source licences and access to code and systems
- Public funding contracts, access rights and restrictions attached to results
- Condition and location of equipment; availability of key technical people
Please do not send employee, creditor or customer personal data without a lawful basis and an agreed information-sharing arrangement.
Process
- Teaser and deadlineScope of the sale, procedure and next decision date.
- Answer within five working daysWhether we will look further.
- Confidentiality agreement and reviewTechnical, commercial and rights assessment.
- Written offerPrice, assets, conditions and timetable.
- Approvals and completionTransfers and register entries required for the sale.
Deadlines first. Put the bid deadline or hearing date in the subject line. Sending an enquiry does not reserve a bid; keep your process running.
Across Europe
Local rules, one buyer
We buy in Slovakia, the Czech Republic, Poland and across Europe, working with local counsel where the procedure runs. The national procedure, the seller's powers, creditors' interests and the required approvals govern each purchase.
Recognition of insolvency proceedings within the EU under Regulation (EU) 2015/848 does not remove transaction-specific requirements: ownership checks, approvals, foreign-investment screening and export control are reviewed with qualified advisers where relevant.
Track record
Our group has acquired a company in difficulty and returned it to operation. Its engineering company, Industry & Project Engineering, bought an industrial site in 2011 and, as engineering contractor, reactivated idle industrial installations. Names are withheld; details are available to practitioners under a confidentiality agreement.
Situations we have handled →For counsel to technology companies
When your client's company is in crisis
Counsel advising founders, boards or creditors of a technology company often need to show that a serious alternative to liquidation exists: a rescue investor, a buyer for the technology or a licensee who will keep it in use. STI can be that alternative – or tell you quickly that it is not.
STI is a potential investor and buyer. We do not give legal advice and do not act for your client.
- Rescue or bridge investment within a restructuring plan
- Offer for the business or its technology in a sale process
- Purchase of the IP with a licence back, where lawful and approved
- Licence of the technology to keep it in use during the procedure