Month: April 2023

We are pleased to announce that we have advised Exact Systems sp. z o.o., Paweł Gos and Lesław Walaszczyk on a transaction involving the buyout of the minority shareholder of Exact Systems, Noble Funds Mezzanine FIZAN, a fund managed by CVI Dom Maklerski (“CVI”).

Equity and debt financing was provided by AMC Capital IV SCSp, with advisory services provided by Accession Capital Partners (ACP). CVI had been a shareholder in Exact Systems since 2018. As a result of the transaction, CVI divested its entire stake and ACP acquired a 25% stake in Exact Systems.

Exact Systems is Europe’s leading provider of quality control solutions, including the selection, repair and sorting of parts, components and finished products for complex industries, including the automotive and consumables industries. Exact Systems’ offerings are mission-critical for complex, just-in-time processes, with the company supporting over 900 plants for more than 100 OEM (Tier 1 and Tier 2 suppliers). Exact Systems’ success has allowed it to expand into 12 countries, and today it derives most of its revenues from international sales.

Accession Capital Partners (ACP), formerly known as Mezzanine Management, is investing through AMC Capital IV SCSp, which raised EUR 264 million in 2018. ACP’s subsequent fund, AMC V SCA SICAV-RAIF was launched earlier this year with commitments of over 50% of its EUR 300 million target, and remains open to accept new investors. The funds managed by ACP provide tailored financial solutions for established companies and for small and medium-sized enterprises.

The transaction team included Paweł Zdort (partner), Małgorzata Deruś (senior associate) and Bartłomiej Skwarliński (associate). Legal support in obtaining financing was provided by Dr Jakub Rachwol (partner) and Filip Książczak (associate)

The Legal 500 Europe 2023 ranking has confirmed Rymarz Zdort Maruta’s position as one of the leading law firms in Poland. We were ranked in Tier 1 in respect of the following five areas: commercial, corporate and M&A; private equity; TMT; data privacy and data protection; and energy and natural resources.

Our firm was ranked in Tier 2 in the following categories: capital markets; competition/antitrust, restructuring and insolvency; tax; white-collar crime; dispute resolution; and public procurement. Our banking & finance and real estate practices were ranked in Tier 3.

The highest ranked lawyers:

Managing partners Pawel Rymarz and Paweł Zdort were listed in The Legal 500 ‘Hall of Fame’ for corporate law and M&A, and solidified their positions on the list of ‘Leading Individuals’ for private equity. In addition, managing partner Marcin Maruta was included in the list of ‘Leading Individuals’ in the TMT category.

The Rymarz Zdort Maruta partners recognised as ‘Leading Individuals’ were Bartlomiej Wachta (public procurement), Marek Durski (energy and natural resources), Ewa Bober (capital markets), Robert Krasnodębski (tax) and Marcin Serafin (data privacy and data protection).

Partners Magdalena Pyzik-Waląg and Michał Pękała, LL.M. were each named a ‘Next Generation Partner’ in the areas of restructuring & insolvency and TMT, respectively.

The following individuals were also recognised: Iwona Her, Piotr Fedorowicz, Zofia Frydrychowicz, Karina Aust-Niewiadomska, Jakub Rachwol, Łukasz Gasiński, dr Jakub Zagrajek, CFA, Jacek Zawadzki, Marek Maciag, Bartosz Romanowski, Marek Kanczew, Damian Gudel, Michał Kulesza, Filip Leśniak, Leszek Tokarski, Krzysztof Sajchta, Łukasz Żak, Irmina Wątły, Tomasz Kordala, Adam Puchalski, Ph.D., Łukasz Karasek, Ph.D., Karolina Bąkowska, Kamil Kozłowski, Michał Milewski, Maciek Mikucki and Maria Szczepańska.

We would like to thank our clients for their trust and recommendations and congratulate all of the featured lawyers and teams for their outstanding achievements.

We are pleased to announce that we have advised the Unilink Group and the Enterprise Investors fund on a transaction involving the acquisition of the Unilink Group, the largest insurance distributor in Central and Eastern Europe, by Acrisure, a US-based fintech and insurance broker. The completion of the transaction is subject to obtaining the relevant antitrust and regulatory clearances.

Unilink is the largest insurance distribution platform in the Central and Eastern European (CEE) region, with a strong presence in Poland as well as in Bulgaria, the Czech Republic, Moldova, Romania and Slovakia.

Acrisure is a US fintech that operates a top-10 global insurance broker. The company provides a wide range of products, including insurance, reinsurance and cyber services. Over the past nine years, Acrisure has grown its revenue from USD 38 million to nearly USD 4 billion. Acrisure has more than 14,000 employees in 21 countries.

“We are extremely pleased to have had the opportunity to participate in this significant insurance transaction, which will give Unilink a strong and rapidly growing partner by becoming part of one of the world’s largest global insurance brokers. We thank our clients for their trust and congratulate all of the parties involved”, says Paweł Zdort, a partner at Rymarz Zdort Maruta.

The transaction team consisted of Paweł Zdort (partner), Małgorzata Deruś (senior associate), Tomasz Kordala(senior associate), Patrycja Gliwka (associate), Szymon Rutecki (associate) and Jakub Wilk (associate).

We are pleased to announce that Rymarz Zdort Maruta advised Projekt-Solartechnik S.A. and its subsidiaries on the private debt financing of solar power plants located in Poland. The financing was provided by the Eiffel Investment Group.

Projekt-Solartechnik S.A. is an international company specialising in large-scale photovoltaic installations, wind farms and PV solutions for businesses.

The Eiffel Investment Group is an alternative investor and asset manager focusing on sustainable investments and energy transition, with €4 billion under management at the moment.

“Private debt and renewables are a great combination that can be one of the key factors of a successful green transformation. We are happy to have been given the opportunity to play our part in that.“ says Dr Jakub Rachwol, a partner and the co-head of our Banking & Finance practice.

The team was led by Dr Jakub Rachwol who was assisted by Justyna Wigier (senior associate) and Augustyna Porzucek (associate), all members of the banking & finance team.