Leading Associates

Firms To Watch: Private equity

MJH Moskwa, Jarmul, Haladyj i Partnerzy – Adwokaci i Radcowie Prawni sp. p. was established in June 2020, and its private equity team is led by Paweł Moskwa. The group is active in a variety of transactions across the e-commerce, payment services, IT, transport, and logistic industries.

Private equity in Poland

Clifford Chance, Janicka, Kruzewski, Stosio i wspólnicy spólka komandytowa

Clifford Chance, Janicka, Kruzewski, Stosio i wspólnicy spólka komandytowa ‘excels with deep expertise‘ in assisting both global and regional private equity funds looking to invest in the Polish market. Sectors of activity for the department include the consumer goods, retail, healthcare, infrastructure, financial services, and e-commerce industries. Managing partner Agnieszka Janicka spearheads the practice, which often cooperates with the firm’s banking and finance, antitrust, and capital markets groups, as well as the firm’s international network of offices to provide support on cross-border private equity transactions. Wojciech Polz and Paweł Puacz are both experienced in advising private equity sponsors. Marcin Bartnicki stepped down from the partnership in May 2024.

Praxisleiter:

Agnieszka Janicka


Weitere Kernanwälte:

Wojciech Polz; Paweł Puacz; Tomasz Derda; Krzysztof Hajdamowicz; Nick Fletcher; Karol Kulhawik; Tomasz Szekalski


Referenzen

‘This law firm stands out for its proactive, client-centred approach, blending deep expertise with innovative solutions.’

‘Its strengths lie in specialised legal knowledge and collaborative service. Advanced technology, diversity initiatives, and a cross-functional team model drive exceptional client outcomes.’

‘The team here excels with deep expertise, dedication, and a client-first mindset. Standout partners are both strategic and approachable, while associates bring agility and fresh perspectives. Their commitment to collaboration, continuous learning, and integrity sets them apart from competitors.’

Kernmandanten

Partners Group


IFM Investors


Waterland Private Equity


Griffin Capital Partners


Pollen Street Capital


Marguerite


Helios Energy


Cinven


Cornerstone Investment Management


Highlight-Mandate


  • Advised the Comarch’s shareholders on the announcement of a tender offer for Comarch shares.
  • Advised AHP Investments on the sale of the majority stake in American Heart of Poland.
  • Advised the Simul Family Foundation of Bogusław Kowalski, the founder of Graal Group, and Abris Capital Partners on the signing of the agreement to sell Koral, a manufacturer and distributor of smoked salmon products that are sold across Poland and internationally.

Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k

Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k‘s ‘very dedicated team’ of private equity lawyers handles some of the largest private equity deals in the Polish market, acting for major private equity houses from the CEE region. It is also increasingly active in venture capital transactions, and is well placed to leverage the strength of the firm’s tax, M&A, real estate, banking and finance, and capital markets teams. Senior partner Lejb Fogelman and Rafał Baranowski jointly lead the practice. Dual-qualified in Poland and the UK, Klaudia Królak is another key member of the practice, as is the ‘young and enthusiasticMaciej Pietrzak.

Praxisleiter:

Lejb Fogelman; Rafał Baranowski


Weitere Kernanwälte:

Stephen Horvath; Daniel Kaczorowski; Paweł Piotrowski; Michał Fereniec; Michał Bobrzyński; Klaudia Królak; Maciej Pietrzak; Filip Kijowski; Mateusz Zaleński; Tomasz Denko


Referenzen

‘Team demonstrates high level of engagement, responsiveness and professionalism.’

‘Rafał Baranowski – fast, pragmatic and knowledgeable.’

‘Maciej Pietrzak – young and enthusiastic lawyer, supportive, very responsive, clear and user friendly way of communication.’

Kernmandanten

Abris Capital Partners


Bogdan and Elżbieta Kaczmarek


Innova Capital


CVC Capital Partners


InPost


Centerbridge Partners Europe LLP


Vista Equity Partners


Symfonia


PIB Group Limited


PIB Group Poland


Resource Partners


Value4Capital


Stock Polska


Żabka Polska


Bielenda Kosmetyki Naturalne S.A.


Echo Investment


AGORA S.A.


Grupa Eurozet


Highlight-Mandate


  • Advising CVC Capital Partners on its launch of a tender offer for all shares in Comarch S.A.
  • Advised Abris Capital Partners, the ESG transformation specialist private equity investor and B Corp, on the sale of Velvet CARE, Poland’s leading manufacturer of paper-based personal care products, to Partners Group, a global private markets firm.
  • Advised two individuals and private equity fund Innova Capital on the acquisition of 100% of shares in Pfleiderer Polska group of companies (Panel East), in a corporate carve-out transaction from Pfleiderer Group (Panel West), owned by funds managed by the global investment firm – Strategic Value Partners.

Rymarz Zdort Maruta

The ‘strong‘ private equity practice at Rymarz Zdort Maruta is jointly led by managing partners Paweł Zdort and Paweł Rymarz, and is highly adept at handling the entire range of work for private equity funds, including investments and exits of public and private companies. Turning to key sectors, the healthcare, retail, FMCG, real estate, financial services, technology, media, and telecoms industries are all areas of activity for the group. Transactional lawyer Jacek Zawadzki and Jakub Zagrajek, who has advised various private equity funds on disposals and acquisitions, are also notable members of the practice, as are Malgorzata Derus, Malgorzata Banaszkiewicz, and Aleksander Jakubisiak.

Praxisleiter:

Pawel Zdort; Pawel Rymarz


Weitere Kernanwälte:

Jacek Zawadzki; Jakub Zagrajek; Malgorzata Banaszkiewicz; Malgorzata Derus; Aleksander Jakubisiak


Referenzen

‘Strong team and engagement of senior staff / partners, good quality of associates.’

‘Paweł Zdort and Jakub Zagrajek are recommended.’

‘Known for pragmatic/business approach to solving deal issues, especially more complex structures.’

Kernmandanten

Bridgepoint


Enterprise Investors


Unilink


7R


MCI Capital


Bank Guarantee Fund


The shareholders of CloudFerro S.A.


American Heart of Poland Group


Mavie Next GmbH


Pfleiderer Polska


Strategic Value Partners


The founders of Akademeia Educational Group


Arcus Infrastructure Partners


Highlight-Mandate


  • Advised Bridgepoint on the sale of 100% of the shares in the Smyk Group, Poland’s largest chain of stores selling toys, clothing for children and related accessories.
  • Advised the Unilink Group and the Enterprise Investors fund on a transaction involving the acquisition of the Unilink Group by Acrisure, a US- based fintech and insurance broker.
  • Advised 7R, a Polish warehouse developer, on the acquisition of “joint control” over the company by NREP (via its Luxembourg-registered fund, NREP Nordic Strategies Fund V Limited Partnership).

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k. is highly adept at handling a plethora of private equity transactions for clients across Poland and the CEE; this offering includes advice on fund formations, acquisitions, and exits, as well as portfolio management. Marcin Studniarek sits at the helm of the practice, and supports both public and private Polish and international companies. He is ably supported by Marek Sawicki, who boasts expertise in leveraged buyouts, frequently advising equity funds and investors. Maciej Zalewski is another key member of the team, and is heavily involved in transactions in the real estate and construction sectors.

Praxisleiter:

Marcin Studniarek


Weitere Kernanwälte:

Marek Sawicki; Maciej Zalewski; Aneta Hajska


Kernmandanten

STS Holding


MidEuropa


Comarch


Oaktree Capital Management


Cornerstone Investment Management


Impel


Pelion


P4


Octopus Renewables Infrastructure Trust


TF Silesia


Baker McKenzie Krzyzowski i Wspólnicy Sp.k.

The private equity department at Baker McKenzie Krzyzowski i Wspólnicy Sp.k., which is lauded for its ‘exceptional knowledge‘, is positioned within the firm’s M&A group. It also benefits from the strength of the firm’s tax, capital markets, and banking and finance practices to provide clients with a well-rounded offering, and the international nature of the firm leads to strong cross-border capabilities in the private equity arena. Another area of strength includes advising private equity funds throughout their lifecycle, including advising on tax, structuring, fund establishment, and investment processes, as well as assisting with exits and fund closures. Other areas of expertise include ESG-linked transactions and the establishment of impact investment fund structures. The group is co-led by Filip Uziębło and Tomasz Krzyżowski, who are ably supported by Magdalena Medyńska, another key member of the practice who is praised as a ‘highly-experienced transactional partner‘. Łukasz Targoszyński has a notable focus on the food, manufacturing, and consumer goods sectors.

Praxisleiter:

Tomasz Krzyżowski; Filip Uziębło


Weitere Kernanwälte:

Weronika Achramowicz; Łukasz Targoszyński; Radzym Wójcik; Magdalena Medyńska; Marcin Płonka; Joanna Lis


Referenzen

‘Very professional approach and excellent communication.’

‘Exceptional knowledge and negotiation skills.’

‘I like the negotiation style of Łukasz Targoszyński and Joanna Lis. They are well prepared, at the same time very reasonable in looking for win-win solutions.’

Kernmandanten

S&P Global


Wirtualna Polska Media S.A.


Akomex


Zemportic Investments sp. z o.o.


Enterprise Investors


MidEuropa Partners


SPIE


AGIC


Tencent


KKR


Lyvia Group


Kreos Capital


Bain Capital


SilverLaker


PineBridge


New Mountain Capital


Resource Partners


EQT


Abris Capital


CEE Equity Partners


Forevest Capital


Snowflake Inc.


Hunter Douglas


Rebel Wolves


WeNet Group S.A.


Highlight-Mandate


  • Advised on a transaction involving the buy-out of Accession Capital Partners from Akomex following a successful three-year investment.
  • Advised Advanced Protection Systems S.A. and its shareholders on a minority investment by a vehicle owned by Enterprise Investors Fund IX by acquisition of shares.
  • Advised WeNet Group S.A on the acquisition of Semergy Group from Bauer Media Group.

CMS

The private equity practice at CMS sits within the firm’s wider corporate and M&A group and assists international private equity houses, as well as more regional CEE funds. The team is experienced in handling the entire range of investment work, including the integration of businesses, restructurings, implementing growth strategies, and divestments. Practice head Sławomir Czerwiński has a particular focus on private equity transactions in the healthcare, financial services, FMCG, and infrastructure industries, as does Mateusz Stępień. Olga Czyżycka-Szczygieł is another core member of the team with expertise in acquisitions and sales. Ryszard Manteuffel and Robert Semczuk both joined the team from Deloitte Legal, Gizicki i Wspólnicy sp.k. in March 2024, while previous co-head Rafał Zwierz  departed in April 2024.

Praxisleiter:

Sławomir Czerwiński


Weitere Kernanwälte:

Mateusz Stępień; Błażej Zagórski; Olga Czyżycka-Szczygieł; Jarosław Gajda; Grzegorz Pączek; Antoni Wandzilak; Marta Osowska-Buba; Ryszard Manteufel; Robert Semczuk


Referenzen

‘CMS Warsaw demonstrates remarkable expertise in M&A and Private Equity. Their team is particularly good at managing cross-jurisdictional projects and truly operates as a one-stop shop, with access to all types of specialists across all necessary jurisdictions to get a deal done.’

‘They have a long list of top-quality M&A lawyers, including Sławomir Czerwiński, head of their corporate department; Mateusz Stępień, partner; Jarosław Gajda, counsel; and Ryszard Manteufel, partner, who recently joined. They are all very proactive, business-oriented, and focused on completing the project.’

‘Sławomir Czerwiński has a deep understanding of the key drivers of a transaction and is very good at managing people, which makes him a very effective negotiator.’

Kernmandanten

Advent International


Abris Capital Partners


MidEuropa


Syntaxis Capital


Innova Capital’s Prime Label Group


Mutares


SINO-CEEF


Vertex Investment


Circap


PFR Ventures


NextEnergy Capital


Highlight-Mandate


  • Advised R-GOL and its owners on the sale of the majority stake to Innova Capital.
  • Advised European Bank for Reconstruction and Development on its minority equity investment in a Polish bank, VeloBank S.A. EBRD, Cerberus Capital Management L.P. and the International Finance Corporation acquired 100% of VeloBank S.A.
  • Advised SINO-CEEF on the acquisition from Alternus Energy Group of 25 operational photovoltaic power plants with a total capacity of 88.4 MW.

Dentons

The private equity practice at Dentons boasts an impressive client roster that consists of international, regional, and local private equity houses and venture capital funds, as well as portfolio companies. Piotr Dulewicz spearheads the wider department, while Bartosz Juszczak leads the venture technology group, which supports funds and founders on venture capital transactions. Michał Wasiak is another key member of the team, which saw the arrival of Maciej Skoczyński from A&O Shearman in April 2024, strengthening the practice’s offering in the infrastructure, renewable energy, and technology sectors. With five offices located across the CEE, the firm is well positioned to advise clients on cross-border transactions.

Praxisleiter:

Piotr Dulewicz


Weitere Kernanwälte:

Paweł Grabowski; Michał Wasiak; Bartosz Juszczak; Maciej Skoczyński,


Referenzen

‘The team is client-focused, meaning I can feel that they provide bespoke solutions and care. Being quite big they also can manage well a proper set-up of people with the right skills depending on the case.’

‘Nice to work with and devoted.’

‘Michał Wasiak – is merit based, no arguing for sake of arguing.’

Kernmandanten

Bridgepoint


KKR


Syntaxis Capital


Resource Partners


Cero Generation


Cornerstone Investment Management


Custodia Capital


Carpathian Partners


Optimum Ventures


MCI Capital


Highlight-Mandate


  • Advised Bridgepoint on the sale of its portfolio company Dr Gerard.
  • Advised EBRD on its equity investment in Pelion.
  • Advised Resource Partners on its acquisition of Vola Group.

DLA Piper Giziński Kycia sp.k.

DLA Piper Giziński Kycia sp.k.‘s private equity group is well placed to advise clients on multi jurisdictional and cross-border transactions, which also includes joint venture mandates. Its impressive client roster is composed of major domestic and international private equity funds, portfolio companies, founders, selling shareholders, and management. Jakub Marcinkowski leads the team, and another key member of the group is Marta Frąckowiak, who chairs the firm’s corporate and M&A department. Jakub Domalik-Plakwicz is experienced in acting for public and private companies, private equity funds, underwriters, and institutional clients.

Praxisleiter:

Jakub Marcinkowski


Weitere Kernanwälte:

Marta Frąckowiak; Jakub Domalik-Plakwicz; Wojciech Kalinowski; Rafał Kluziak; Piotr Miller


Referenzen

‘Focus on problem solving, not creating – very unique for lawyers. High level of engagement of partner and others, hands-on approach, independent in making legal decisions, taking a lot from the clients hands.’

‘Rafał Kluziak is exceptional.’

‘Pragmatic approach, client management, knowledge of law, communication.’

Kernmandanten

Sea-Invest Corporation S.A.


Corsair Capital


Mota-Engil, SGPS, S.A.


Perfect Gym Solutions S.A.


Żabka Polska sp. z o.o.


Future Mind sp. z o.o.


Affidea


Enterprise Investors


BBB Industries Poland sp. z o.o.


Brand24 S.A.


Resource Partners


Bracia Sadownicy


Mid Europa Partners


MCI.PrivateVentures


Life Healthcare Group


Foreign Expansion Fund Closed-End Investment Fund of Non-Public Assets


Allegro.pl


PFR Ventures


Hubert Burda Media


Opoka TFI


PGS Software S.A.


Cloudflight


Avallon MBO Fund II


Genesis Private Equity Fund III


Perfect Gym Solutions S.A.


bValue Growth


Affidea


Abris Capital Partners


Highlight-Mandate


  • Advised Sea-Invest Corporation S.A. on the sale of its 80% stake in Port Północny S.A. to Węglokoks S.A.
  • Advised Corsair Capital on the acquisition of MJM Holdings from its existing shareholders, and the obtaining of financing to complete the transaction.
  • Advised Żabka Polska on the acquisition of a majority stake in DRIM Daniel Distributie FMCG and the commencement of a strategic partnership in Romania.

GESSEL Attorneys at Law

For the private equity practice at GESSEL Attorneys at Law, particular areas of activity include buyouts, growth capital transactions, and exit strategies. Its client base is composed of private equity and venture capital funds, as well as portfolio companies. The team is led by managing partner and head of the firm’s M&A group Marcin Macieszczak; he is ably supported by Maciej KożuchowskiMichał Bochowicz, and Karol Sokół.

Praxisleiter:

Marcin Macieszczak


Weitere Kernanwälte:

Maciej Kożuchowski; Michał Bochowicz; Karol Sokół; Aleksandra Szyszko-Kamińska; Barłomiej Woźniak; Michał Osowski


Kernmandanten

Webcon sp. z o.o.


Sescom S.A.


Cyber Folks


Management team of Velvet Care sp. z o.o.


Avallon MBO


Founders of PROFIT4YOU Group


eFaktor S.A.


Highlight-Mandate


  • Advised the management team of Velvet Care sp. z o.o. on the sale of their shares to a new investor, Partners Group.
  • Advised eFaktor S.A. on securing a significant mezzanine investment from investment funds advised by ACP.
  • Advised Webcon on its strategic growth partnership with MCI as a result of which MCI acquired a significant majority stake in Webcon (ca. 65%).

Linklaters

The private equity group at Linklaters often undertakes mandates that require cross-border expertise, and the practice is highly adept at handling a plethora of private equity mandates, including leveraged buyouts, management buyouts, public to private transactions, exit strategies, and acquisition financings. Praised as ‘the go-to person for international private equity work‘, Daniel Cousens jointly leads the group with national managing partner Marcin Schulz, who ‘demonstrates strong sector knowledge‘.

Praxisleiter:

Daniel Cousens; Marcin Schulz


Weitere Kernanwälte:

Magdalena Szewczyk; Michał Szperzyński


Referenzen

‘This is without a doubt one of the top teams in the region. It is both deep in terms of numbers and is excellent in terms of quality. They have extensive experience and they also have tremendous energy. They are well versed in Poland and the wider region and are my go to firm for these sort of projects anywhere between the Baltics and Turkey.’

‘Daniel Cousens is one of the smartest, kindest and most experienced lawyers in the region. Always a pleasure to work with, always ready to help and very effective in getting deals across the line.’

‘Marcin Schulz is a force to be reckoned with – smart, capable and commercial. He has deep knowledge of many industries and is very client friendly.’

Kernmandanten

Cerberus


Cornerstone Investment Management


Mirova


IFM


Marguerite


Nrep


InfraVia Capital Partners


Highlight-Mandate


  • Advised Cerberus on the PLN1.075bn acquisition of 100% of the shares in VeloBank established as a result of the resolution process of Getin Noble Bank.
  • Advised Cerberus Capital Management on the Polish aspects of the acquisition and financing of a SEK11.5bn portfolio of loans acquired from Intrum.
  • Advised Mirova, an affiliate of Natixis Investment Managers, on its investment in “Baltic Storage Platform”, an Estonian-based energy storage joint venture between Corsica Sole, and Evecon, a developer of renewable energy in the Baltics.

WKB Lawyers

WKB Lawyers‘ private equity clients often come from the food, fintech, energy, and industrial manufacturing industries, and also advises distressed businesses. Specialising in M&A transactions, Jakub Jędrzejak spearheads the practice, which has a local and cross-border service. Ben Davey is another notable name at the firm, with particular expertise in investments and disposals by institutional investors, which includes private equity funds, infrastructure funds, and alternative asset funds.

Praxisleiter:

Jakub Jędrzejak


Weitere Kernanwälte:

Ben Davey; Dominik Kulpa; Andrzej Wierciński; Grzegorz Godlewski; Agnieszka Wiercińska-Krużewska; Anna Kratiuk; Małgorzata Studniarek; Magdalena Purol; Sebastian Woźniak


Kernmandanten

Accel-KKR


Avallon


MB Aerospace


CVI


TA Associates


Netrisk Group


Merieux Equity Partners


GreenVolt


PGE


FixMap


Orlen


LCM


Innova Capital


Avia Capital


TDJ


IK Partners


Highlight-Mandate


  • Acted for Accel-KKR on the Polish aspects of the acquisition of a majority stake in Symfonia Sp. z o.o.
  • Advised Netrisk Group on the merger with Bauer Media Group’s online comparison business.
  • Advised GreenVolt, a group controlled by investment fund Accel-KKR, on the sale of three companies, holding portfolio of renewable energy projects consisting of 12 wind turbines with total capacity of 26,4 MW and PV projects of total capacity of 32,1 MW.

B2R Law Jankowski Stroinski Zieba

B2R Law Jankowski Stroinski Zieba has expertise across the entire range of private equity mandates, including M&A transactions, leveraged buyouts, minority investments, and regulatory and compliance-related mandates. The practice additionally includes support with fund formation and exits, and its clients are active in the technology, healthcare, real estate, and finance sectors. Senior and co-founding partner Rafał Stroiński sits at the helm of the practice with significant experience in venture capital transactions.

Praxisleiter:

Rafał Stroiński


Weitere Kernanwälte:

Agnieszka Hajos-Iwańska; Magdalena Borychowska


Kernmandanten

Audioteka S.A.


Everfield UK Limited


IQ Biozoom


Broadwater Health


Omnipack


Highlight-Mandate


  • Advised Broadwater Health on a transaction concerning SensDx S.A., a Polish innovative company operating in the healthcare sector.
  • Advised IQ Biozoom on the investment support received from VC Link.
  • Represented the minority shareholders of Audioteka S.A., who collectively held approximately 40% of the company’s share capital, in a transaction involving the sale of their shares to Wirtualna Polska Holding S.A.

DWF Poland Jamka Sp.k

The private equity practice group at DWF Poland Jamka Sp.k advises private equity funds on the entire lifecycle of mandates, from fund formation and investment work, to exits. Cross-border venture capital transactions are also a key staple of the practice, in which it advises clients from Europe, Asia, the Middle East, and the US. Managing partner Michał Pawłowski is a key transactional lawyer, Filip Urbaniak is notably strong in the energy industry, and Rafał Wozniak has expertise in M&A transactions.

Praxisleiter:

Michał Pawłowski; Filip Urbaniak; Rafał Woźniak


Weitere Kernanwälte:

Anna Wietrzyńska-Ciołkowska; Katarzyna Stefaniak; Kamil Ciodyk


Referenzen

‘Responsiveness of the team, keeping agreed schedule and deadlines.’

‘Rafał Woźniak is very good and professional.’

Kernmandanten

HIG Capital


Avallon MBO Fund


Temared Group


ONDE S.A.


Highlight-Mandate


  • Advised H.I.G Capital on a transaction involving the acquisition of a CGH Group S.A. and its diversified group of subsidiaries comprising of seven companies spanning five jurisdictions.
  • Advised Avallon MBO Fund on its strategic exit from Otwarty Rynek Elektroniczny S.A. (Marketplanet).

Gide Loyrette Nouel

Gide Loyrette Nouel‘s private equity and venture capital team advises clients on the entirety of corporate, regulatory, tax, financial and contractual elements of private equity work. More specifically, it frequently undertakes leveraged buyouts, venture capital transactions, real estate fund acquisitions, and exit matters. Paweł Grześkowiak leads the practice, which is sought after by local and international investors and sponsors. The practice is praised for demonstrating ‘a deep understanding of the complexities of private equity transactions‘.

Praxisleiter:

Paweł Grześkowiak


Weitere Kernanwälte:

Wojciech Czyżewski


Referenzen

‘We had the pleasure of working with the Private Equity team at GIDE LOYRETTE NOUEL Poland on a highly dynamic M&A transaction, and their expertise and professionalism were truly exceptional.’

‘The team demonstrated a deep understanding of the complexities of private equity transactions, providing precise and pragmatic advice at every stage.’

‘Their swift response times were particularly impressive, enabling us to meet extremely demanding deadlines without compromising on quality.’

Kernmandanten

Enterprise Investors


Investindustrial


Goodspeed


Avallon MBO


MCI Capital


Resource Partners


Inovo Venture Partners


Central Group


LDC Group


Highlight-Mandate


  • Advised Enterprise Investors Fund IX on an investment in Advanced Protection Systems.
  • Advised Farmaceutici Procemsa, a portfolio company of Investindustrial, on its acquisition of 80% of the shares in Master Pharm S.A.
  • Advised Central Group, the main shareholder of Wydawnictwa Szkolne i Pedagogiczne S.A., on the sale of its entire stake in WSiP to the Infinitas Learning group.

Kochanski & Partners

The team at Kochanski & Partners provides advice throughout investment cycles, from fund formations and venture capital investments, to financings, refinancings, and going-private transactions. Its client roster includes private equity sponsors and their investment funds and portfolio companies; it is also active in leveraged buyouts and recapitalisations. Paweł Mardas sits at the helm of the department with a specialism in corporate and real estate law.

Praxisleiter:

Paweł Mardas


Weitere Kernanwälte:

Pawel Cholewinski; Rafał Rapala; Karol Połosak; Natalia Kotłowska-Wochna; Malwina Jagiełło; Weronika Duda; Aneta Serowik


Referenzen

‘We work with the team quite regularly on local equity incentives matters. They are responsive and helpful.’

‘Very good team.’

‘Very dynamic and well led team, top player in the local scene.’

Kernmandanten

The Industrial Development Agency


Mutares


SFC Solutions


Blackshield Capital


Aper Ventures


Japan Bank for International Cooperation


The Seelig Group


Pacific Media Group


IZFIA


State Street Corporation


State Street Bank


Oxenwood Real Estate


Beneteau Group


Alantra – Klima Energy Fund


Highlight-Mandate


  • Advising Mutares / SFC Solutions Częstochowa on a complex sale and leaseback transaction involving a key manufacturing plant in Częstochowa, Poland, owned by SFC Solutions (a company owned by Mutares).
  • Advising The Industrial Development Agency (Agencja Rozwoju Przemysłu – a joint stock company 100% controlled by the Polish State Treasury, which provides funds for the development of industrial sectors from the Polish economy through capital investments) on a number of M&A transactions worth €150m.
  • Advising Blackshield Capital on an investment in EZ Phone Mobile.

KWKR Konieczny Wierzbicki i Partnerzy

Kraców-based Paulina Opiełka leads the group at KWKR Konieczny Wierzbicki i Partnerzy, which provides international private equity services and is praised for its ‘exceptional competence‘, advising private equity investors, capital venture funds, and entrepreneurs. Opiełka also has expertise in start-ups from the med-tech, automation, engineering, fintech, and IoT sectors. Managing partner Marcin Wierzbicki focuses on corporate and real estate law, while managing partner Michał Konieczny is skilled in capital markets and focuses on acquisitions involving IT companies.

Praxisleiter:

Paulina Opiełka


Weitere Kernanwälte:

Marcin Wierzbicki; Michał Konieczny; Marcin Rudzki; Paweł Machowski


Referenzen

‘The KWKR team is very business and results-oriented. They helped us identify what we needed to run a successful accelerator and then delivered the right legal work. We were able to work with them not only as legal advisers, but as professionals who know our ecosystem and market practices and can help us choose solutions that will make our work easier and more open to cooperation.’

‘I have worked with M&A and Corporate head Paulina Opielka. She was very easy to work with. She pro-actively proposed solutions, used simple forms and examples in order to deliver her legal work and was very flexible when it comes to arranging our cooperation.’

‘The team is very professional and supportive. Especially notable is their speed of operation.’

Kernmandanten

Maximus Capital S.A.


Software Mind sp. z o.o.


NCBR Investment Fund ASI S.A


Euroloop sp. z o.o.


Digital Ocean Ventures sp. z o.o.


Finpredict


finQbit


Saventic Health sp. z o.o.


Highlight-Mandate


  • Advising Software Mind on the financing and acquisition of US company Prosoft LLC – owner of the number8 brand.
  • Advising Euroloop on a comprehensive transaction whereby Orlen VC invested approximately €5m, taking a stake of approximately 25 % of the shares.
  • Advising NCBR Investment Fund ASI on a joint investment by NIF ASI and the 4Growth VC fund.

MFW Fiałek

MFW Fiałek is experienced in advising private equity and venture capital funds on market consolidation matters as well as add-on transactions. The firm has also been witnessing an increased volume of mandates with cross-border elements. Lauded as ‘one of most experienced partners for private equity in Poland‘, founding partner and transactional lawyer Mirosław Fiałek jointly leads the practice alongside Rafał Siemieniec.

Praxisleiter:

Mirosław Fiałek; Rafał Siemieniec


Weitere Kernanwälte:

Paweł Siwiec; Michał Kret; Mariusz Domagała


Referenzen

‘Very strong team, bringing best practice from large firms to mid market transactions.’

‘Mirosław Fiałek – very knowledgeable, pragmatic and presenting great understanding of complex issues as well as strong business acumen.’

‘Mirosław Fialek – one of most experienced partners for private equity in Poland. MFW team – very good in total.’

Kernmandanten

Solita


Tutore Poland sp. z o.o.


CofounderZone


Scanmed


Cogito Capital Partners


XBS


Highlight-Mandate


  • Advised Solita, a technology, data, and design company from the Apax Digital Fund portfolio company, on the completion of the project, which involved the investment in and integration of Future Mind into Solita.
  • Advised Cogito Capital Partners, the lead investor in a Series A investment round of UK company Sky Engine Limited (a London-based vendor of Generative AI Synthetic Data Cloud platform for deep learning in vision AI) and its Polish subsidiary Sky Engine Sp. z o.o.
  • Advised the medical group Scanmed, Abris Capital’s portfolio on the acquisition of 100% of the shares in the company Centrum Rehabilitacji sp. z o.o. with its seat in Chorzów that provides specialised healthcare services

Osborne Clarke

Osborne Clarke‘s private equity offering sits within the firm’s wider corporate and M&A group, and has a particular focus on the new technologies sector. The practice also supports clients with their venture capital transactions. Co-managing partner Tomasz Olkiewicz chairs the team with expertise in corporate, tax, and financing matters, and is ably assisted by Rafał Kozłowski, who has notable strength in venture capital fund investment deals.

Praxisleiter:

Tomasz Olkiewicz


Weitere Kernanwälte:

Rafał Kozłowski


Kernmandanten

I Squared Capital Advisors (UK) LLP


Griffin Capital Partners and Redefine Properties


Smartlink Partners VC


Orlen VC sp. z o.o.


JR Holding ASI S.A.


Patron Capital Group


Highlight-Mandate


  • Advising I Squared Capital Advisors (UK) LLP on acquiring Arriva plc and its subsidiaries, which provide rail and bus services across Europe, including Poland.
  • Advised KO-MED Centra Kliniczne on its sale to Velocity Clinical Research Inc.
  • Advised Griffin Capital Partners and Redefine Properties on acquiring Stokado.

Schoenherr Halwa Okon Chyb sp.k

Schoenherr Halwa Okoń Chyb sp.k‘s private equity practice sits within the firm’s corporate and M&A department, which is chaired by Paweł Halwa. He is ably supported by Krzysztof Pawlak, who is especially active in M&A transactions. The practice is adept at providing support to clients on local and cross-border private equity deals. The practice saw the arrival of Paweł Chyb from SSW at the beginning of 2024.

Praxisleiter:

Paweł Halwa


Weitere Kernanwälte:

Krzysztof Pawlak; Paweł Chyb


Kernmandanten

Gfk SE


Celsa Group


BYGGFAKTA Group Nordic Hold Co.


Tencent Holdings Ltd


Transcom


Avallon MBO


EAG SE


Accolade Holding


Crawford & Company


ABC Automotive Poland


Highlight-Mandate


  • Advised Avallon MBO, a private equity fund in Central and Eastern Europe, on the sale of Wosana S.A., a beverage producer, to DyDo Goup Holdings, Inc., a Japanese industry investor.
  • Advised ABC Group, a global automotive supplier, which decided to divest its operations in Poland, transferring them to ETM Group.
  • Advised EAG SE, as a sole buy side adviser, on all aspects of acquisition of a Polish software house JBR.

SSW

With a strong client base composed of founders and sellers, as well as private equity houses, Mateusz Rogoziński leads the private client team at SSW, which supports domestic and foreign private equity houses, as well as venture capital funds. In team news, Monika Szczotkowska joined the firm from CMS in March 2024, while Paweł Chyb and Marcin Czaprowski departed for Schoenherr Halwa Okoń Chyb sp.k at the end of 2023. At the same time, Łukasz Targoński left for an in-house position as general counsel.

Praxisleiter:

Mateusz Rogoziński


Weitere Kernanwälte:

Aleksandra Warcholińska; Aleksander Nicałek; Edyta Mastalerek; Maciej Gajda; Monika Szczotkowska


Referenzen

‘Mateusz Rogoziński and his team demonstrate a strong commitment to the assigned projects. This is manifested, among other things, in good communication, adherence to the agreed deadlines, which are sometimes very ambitious, or creativity in proposing new solutions to the obstacles that sometimes arise in the implementation of transactions.’

‘I have been working with Mateusz Rogoziński for several years. I think he is one of the better transactional lawyers. He boasts a lot of experience and industry knowledge. He has great negotiating skills. I always feel safe when I know that he will be the one to negotiate the transaction documentation. He has the ability to find solutions to any obstacle encountered.’

‘Private equity team is exceptional in terms of legal and tech innovation.’

Kernmandanten

Innova Capital


Pollen Street Capital


Cornerstone


Oaktree


Spire Capital


Bencis Capital


Avallon PE


Avia Capital


MCI Capital


Enterprise Investors


Credit Value Investments


Aria Fund


Highlight-Mandate


  • Advised Pollen Street Capital on the consolidation of the insurance intermediation market.
  • Advised Enterprise Investors on the consolidation of the services market.
  • Advised Innova on the consolidation of the healthcare market.

Wardynski & Partners

Wardynski & Partners is praised by one client for its ‘deep expertise in structuring and negotiating complex private equity transactions‘. Key sectors for the practice include the technology, food, consumer products, packaging, life sciences, and manufacturing industries, and its client base is composed of global private equity houses, regional funds, and local private equity and venture capital funds. Jakub Lerner sits at the helm of the department with expertise in advising both public and private companies.

Praxisleiter:

Jakub Lerner


Weitere Kernanwälte:

Kinga Ziemnicka; Adam Pawlisz; Kacper Czubacki; Piotr Ząbkiewicz


Referenzen

‘The key to success lies in the team, which boasts strong communication skills and streamlined, efficient processes.’

‘Highly competent in M&A deals, the team offers tailored solutions while ensuring that any potential risks are fully understood.’

‘Professional, committed, hard working, responsive.’

Kernmandanten

Silver Lake Partners


Wendel


TA Associates


NPM Capital and Infinitas Learning


Coveris (Sun Capital Partners)


BaltCap and AS PILETILEVI GROUP


D3 Fund


Lords LB Asset Management


Bauer Media Group


Prime PV


Align Capital Partners


Highlight-Mandate


  • Advised Silver Lake Partners on $6.4bn equity investment in Vantage Data Centers.
  • Advised TA Associates on its strategic growth investment in SER and on the acquisition of Epassi Group, an employee benefits provider.
  • Advised Coveris backed by Sun Capital Partners on the acquisition of HADEPOL FLEXO sp. z o.o., a manufacturer of high-end paper and plastic packaging and laminates, films and converted products, based in Poland: DK Lamin and Hadepol Flexo.

Wolf Theiss

Izabela Zielińska-Barłożek, the ‘very knowledgeable‘ Anna Dąbrowska, and Krzysztof Libiszewski jointly head up the private equity practice at Wolf Theiss, which supports clients throughout all elements of the cycle of investment, including the formation of funds, initial fundraising, daily management and operational matters, and successful exits. The team also advises on financings, strategic partnerships, leveraged buyouts, cross-border M&A, and carve-out transactions.

Praxisleiter:

Izabela Zielińska-Barłożek; Krzysztof Libiszewski; Anna Dąbrowska


Weitere Kernanwälte:

Bartosz Kuraś; Maciej Olszewski; Marcin Pietkiewicz; Maciej A. Szewczyk; Katarzyna Wójcik-Bąkowska


Referenzen

‘Great team – they really know their stuff. We feel confident that Anna Dąbrowska’s team is one of the best PE deal teams in Poland.’

‘Anna Dąbrowska is very knowledgeable and great to work with.’

Kernmandanten

INVL Baltic Sea Growth Fund


Eco Baltia


Axcel Management


Eurazeo


The Baupost Group


Goldfinch Partners


Constantia Flexibles Group


One Rock Capital Partners


Alibaba


Bridgepoint


American Industrial Partners


LyondellBasell Industries Holdings B.V.


Highlight-Mandate


  • Advising American Industrial Partners on its strategic investment in Austin Powder.
  • Advising Standard Motor Products, Inc. on the acquisition of AX V Nissens III ApS business in Europe.
  • Advised INVL Baltic Sea Growth Fund on the acquisition of a 70% stake in the largest Polish PVC windows recycler, Metal-Plast.