CMS advised Integer.pl in the process of finding an investor – private equity fund Advent International through AI Prime – and the planned exit from the stock exchange.
As part of the agreement signed yesterday, the parties agreed to announce tender offers to subscribe for shares in Integer.pl and its subsidiary InPost and to delist the shares of both companies from the Warsaw Stock Exchange. The transaction is financed solely by Advent International through its subsidiary AI Prime Luxembourg, which will allocate approx. 170 million PLN for debt refinancing. The Fund will also provide an additional ca. 500 million PLN for the purposes of financing the future funding needs.
Rafał Woźniak (counsel) and Zuzanna Jurga (senior associate) led the team of lawyers from CMS. The team consisted of: Dariusz Greszta (partner), Rafał Kluziak (senior associate), Magdalena Trzepizur (associate), Jakub Szczygieł (lawyer) and Agnieszka Ziółek (senior associate). The team was supervised by Michał Pawłowski, partner and head of CMS’ Capital Markets Practice in CEE. In addition, Graham Conlon (partner based in Warsaw) and Valentina Santambrogio (senior associate, London) from International Private Equity at CMS were involved in the deal.