August 17, 2021
RGP’s team advises Etalon Group on acquisition of a 35% shareholding in UK-based QB Technology
Rybalkin, Gortsunyan and Partner’s (RGP) corporate team advised Etalon, a Russian group, in connection with a transaction for the acquisition of a 35% shareholding in QB Technology, a UK-based innovative construction company, and associated IP.

RGP’s services included advising the purchaser in connection with the acquisition of shares in the QB Technology group and simultaneously acquiring a set of IP rights in order to establish a similar hi-tech construction project in Russia. The transaction was governed by Russian, UK and Cyprus law.

The team was managed by RGP’s managing partner and head of corporate practice Suren Gortsunyan and included senior advisor Anthony Walker, counsel Maria Samartseva and associate Danil Karimov.

Etalon Group has been operating in the development and construction market for over 30 years and is one of the Russia’s top 10 major developers. The Group includes over 20 companies involved in the residential, commercial and industrial construction in St Petersburg, Moscow and Moscow Region. According to Collier International, as of 31 December 2021, Etalon’s assets are worth RUB204 bln. The Group is listed on the Moscow Stock Exchange and the London Stock Exchange.

“RGP continues advising clients on most complex cross-border transactions both in real estate and high-tech sectors. Since our team already includes three UK solicitors, and thanks to the recently launched IP practice, we were in a position to advise the client both on the matters of English law and on the IP issues in the innovative construction sector,” noted Suren Gortsunyan, head of RGP’s corporate practice and managing partner.


Rybalkin, Gortsunyan & Partners (RGP) is a fast-paced law firm of the next generation, combining a leading Russian practice focusing on international dispute resolution and a high-end corporate practice servicing complex transactions and projects.

We support clients from all over the world in their business dealings in our key practice areas involving Russia and CIS countries. In addition, our firm offers unparalleled expertise in foreign legal matters to Russian companies with significant international presence.

We are a cohesive team of seasoned professionals with a background in leading international law firms.

Our lawyers have worked on the largest corporate deals, investigations and disputes in the history of modern Russia and represented Russian companies in over 170 jurisdictions worldwide.

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