Private equity in Poland

Baker McKenzie Krzyzowski i Wspólnicy Sp.k.

July 2022 marked a significant acquisition for Baker McKenzie Krzyzowski i Wspólnicy Sp.k., with Filip Uziębło – formerly of Rymarz Zdort – joining the team, along with senior associates Magdalena Medyńska and Marcin Płonka. Uziębło now jointly heads up the practice with Tomasz Krzyżowski; the former has extensive transactional expertise, while the latter is particularly noted for assisting key private equite players with buy-outs and exits. The partner bench was also strengthened in the same month by the internal promotion of ‘truly outstandingŁukasz Targoszyński. Recently, ESG-related mandates have formed an increasing part of the workload.

Responsables de la pratique:

Tomasz Krzyżowski; Filip Uziębło

Autres avocats clés:

Weronika Achramowicz; Piotr Wysocki; Michał Maj; Łukasz Targoszyński; Magdalena Medyńska; Marcin Płonka

Les références

‘Łukasz Targoszyński is truly outstanding.’

Principaux clients

Enterprise Investors



Hunter Douglas



Bain Capital



New Mountain Capital


Abris Capital

CEE Equity Partners

Forevest Capital

Principaux dossiers

  • Advised AGIC on its acquisition of the Grafotronic group.
  • Advised SPIE on the acquisition of Stangl Technik Holding.  
  • Advised Enterprise Investors on the zł100m acquisition of an 80% stake in Snap Outdoor.

Clifford Chance

Drawing on the experience of Clifford Chance‘s highly regarded banking and finance, capital markets and M&A departments, the private equity offering is able to provide significant transactional expertise in all of the key sectors which are of interest to private equity houses. At partner level, corporate experts Agnieszka Janicka,  Marcin Bartnicki and Wojciech Polz are the names to note. The group also fields a deep counsel bench, which was strengthened further in May 2022 by the promotion of Karol Kulhawik.

Responsables de la pratique:

Agnieszka Janicka; Marcin Bartnicki; Wojciech Polz

Autres avocats clés:

Tomasz Derda; Krzysztof Hajdamowicz; Nick Fletcher; Iwona Terlecka; Paweł Puacz; Karol Kulhawik

Les références

‘Well-organised pratice with great availability of partners.’

‘Wojciech Polz – exceptional negotiating skills, understanding of the transaction and its structures, as well as the client’s approach.’

‘All lawyers of the firm maintain the highest professional level, and at the same time have an individual approach to the client, taking into account their needs.’

Principaux clients



Warburg Pincus


Giza Polish Ventures

Cornerstone Partners

Partners Group

EQT Partners

Pollen Street Capital

Cornerstone Investment Management

RTB House


Highlander Partners

Principaux dossiers

  • Advised Allegro on its acquisition of 100% of the shares in Mall Group and WE I DO CZ from the selling shareholders – PPF, EC Investments, and Rockaway Capital – for a total consideration of €881m.
  • Advised SVF II Motion Subco, an affiliate of SoftBank Investment Advisers, on the planned acquisition of zł500m worth of unsecured convertible bonds from, an online footwear and clothing platform in Central and Eastern Europe.
  • Advising Pollen Street, an alternative investment management company focused on the financial and business services sectors, on its investment in Blue Media.

Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k

Described as ‘one of the strongest teams on the Polish market‘, Greenberg Traurig Nowakowska-Zimoch Wysokinski Sp. k fields a large group of dedicated practitioners, well versed in both domestic and cross-border private equity transactions. Practice head Lejb Fogelman focuses particularly on assisting international businesses from a variety of industries. Other notable senior practitioners include Rafał Baranowski, who ‘always finds a solution to any negotiation deadlock‘ and Aleksander Janiszewski, who oversees the firm’s dedicated venture capital offering. Klaudia Królak was a new arrival in September 2023 from Linklaters.

Responsables de la pratique:

Lejb Fogelman

Autres avocats clés:

Stephen Horvath; Rafał Baranowski; Aleksander Janiszewski; Paweł Piotrowski; Paulina Kimla-Kaczorowska; Klaudia Królak

Les références

‘Rafał Baranowski is exceptionally resourceful, responsive and pleasant to work with. He always finds a solution to any negotiation deadlock and is an excellent negotiator who makes the other party come along and agree rather than simply aggravating them.’

‘High quality delivery in unmatched time. Reasonable billing taking into account quality of work performed.’

‘Ability to deliver under extreme time pressure, great advice and guidance provided along the way.’

Principaux clients

CVC Capital Partners

Innova Capital

Abris Capital Partners



Mid Europa Partners

Gilde Healthcare

Penta Investments

Principaux dossiers

  • Advised Stock Spirits Group, a portfolio company owned by a fund managed by CVC Capital Partners, on a preliminary agreement related to the indirect acquisition of 100% of the shares in Polmos Bielsko-Biała.
  • Advising CVC Capital Partners on the reorganisation of Stock Spirits Group and the implementation of a target structure, as well as the implementation of new corporate governance principles and incentive schemes for the top management.
  • Advised Bricks Acquisitions on the sale of ROBYG to a wholly owned subsidiary of TAG Immobilien.

Rymarz Zdort Maruta

Although Rymarz Zdort Maruta‘s clients come from a wide range of industry sectors, the firm is particularly well known for assisting in the healthcare, retail, FMCG, real estate, financial services, and technology spaces. The team leverages the significant combined commercial, corporate and capital markets expertise of its constituent practitions, as well as the broader antitrust and tax capabilities of the firm, to advise on both domestic and cross-border private equity transactions. Managing partners Paweł Zdort and Paweł Rymarz oversee the work.

Responsables de la pratique:

Pawel Zdort; Pawel Rymarz

Autres avocats clés:

Jacek Zawadzki; Jakub Zagrajek

Principaux clients

Innova Capital

APG Investments

CVC Capital Partners

HigoSense sp. z o.o.


Accura Law Firm

Principaux dossiers

  • Advised Innova Capital on the sale of 100% of the shares in Trimo to Recticel, a Belgian company listed on Euronext.
  • Advised CVC Capital Partners on the cash acquisition of Stock Spirits Group by Sunray Investments Luxembourg, a company owned by certain funds advised by affiliates of the client.
  • Advised American growth equity fund TCV on a sale of shares in the public offering of Grupa Pracuj.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k.

CMS Cameron McKenna Nabarro Olswang Posniak i Bejm sp.k. assists its private equity clients with issues arising throughout the investment cycle, from acquisitions and integrations, through to implementation of growth strategies and divestments. Sławomir Czerwiński leads the team, with Rafał Zwierz providing support from his position as head of the corporate and M&A department. Błażej Zagórski is recommended for his experience advising German companies on investment projects in Poland, while counsel Olga Czyżycka-Szczygieł stands out for her wide-ranging transactional expertise.

Responsables de la pratique:

Rafał Zwierz; Sławomir Czerwiński

Autres avocats clés:

Błażej Zagórski; Dariusz Greszta; Mateusz Stępień; Jarosław Gajda; Grzegorz Pączek; Marta Osowska-Buba; Olga Czyżycka-Szczygieł

Principaux clients

Advent International

Abris Capital Partners

Macquarie’s Green Investment Group

Montagu Private Equity


MidEuropa (former Mid Europa Partners)

Polish Development Fund S.A. (Polski Fundusz Rozwoju S.A.)

The Apax’s PIB Group Limited

PFR Ventures

mAccelerator and its portfolio funds


CEE Equity Partners

Innova Capital

Syntaxis Capital

Principaux dossiers

  • Advising Divante’s shareholders on the company’s sale to German fund Deutsche Beteiligungs, which acquired Divante through its portfolio company Cloudflight.
  • Advised Cinven, an international private equity firm, and its portfolio company Partner in Pet Food, on two acquisitions: the acquisition of a pet food business in Poland from Grzegorz Werbliński and the acquisition of Mispol, a Polish pet food producer, from NDX Group, a Lithuanian company investing in Central and Eastern Europe.
  • Advised Abris Capital Partners and its portfolio company Leodill Limited on the acquisition of the majority stake of the shares in Orbitvu.


Operating as part of a five-office network across the CEE area, Dentons‘ Warsaw-based team receives recognition as a ‘trusted partner‘ from global, regional and local private equity houses and venture capital funds, and their portfolio companies. Piotr Dulewicz oversees both the private equity and M&A departments, and is consequently particularly well placed to assist with mandates benefitting from such dual expertise. Other noted practitioners include Paweł Grabowski, whose presence on a deal ‘gives a feeling of security‘, and recently promoted partner Michał Wasiak.

Responsables de la pratique:

Piotr Dulewicz


Autres avocats clés:

Paweł Grabowski; Michał Wasiak; Bartosz Juszczak

Les références

‘Very professional and responsive team with excellent practical knowledge.’

‘Bartosz Juszczak was a great help on our deal. Always available and reponsive with a very helpful deal-oriented mindset.’

‘Very solid practice, responsive, commercial team which is able to run at the pace of a fast transaction.’

Principaux clients

Carpathian Partners

Custodia Capital

Cornerstone Partners

CEE Equity Partners


Syntaxis Capital

White Star Capital

Resource Partners

Optimum Ventures


Principaux dossiers

  • Advised Syntaxis Capital on the sale of a majority stake in eSky Group to MCI Capital.
  • Advised Custodia Capital on the sale of Redge Technologies to P4.
  • Advised Tar Heel Capital Pathfinder, MCI Capital, and Deutsche Telekom Capital Partners on the sale of RemoteMyApp to Intel Corporation.

DLA Piper Giziński Kycia sp.k.

Operating under the umbrella of a joint corporate, M&A and private equity department, the offering at DLA Piper Giziński Kycia sp.k. focuses on complex transactional work, bringing ‘exceptional experience and know-how‘ to the gamut of mandates. At the senior level, Jakub Marcinkowski, Marta Frąckowiak and Jakub Domalik-Plakwicz are particularly recommended. The firm is recognised for its wide-ranging sector expertise, which covers aras as diverse as aviation, healthcare, financial services, technology, and media.

Responsables de la pratique:

Jakub Marcinkowski

Autres avocats clés:

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

Les références

‘Very knowledgeable team, collaboration, effectiveness and efficiency, trust and reliability, full professionalism.’

‘Close relationship, availability, exceptional experience and know-how, talent to solve problems, constructive thinking.’

Principaux clients

Mid Europa Partners

Polish Enterprise Fund VIII (managed by Enterprise Investors)


Resource Partners

Żabka Polska (a portfolio company of CVC Capital Partners)

Life Healthcare Group

Foreign Expansion Fund Closed-End Investment Fund of Non-Public Assets, managed by PFR Towarzystwo Funduszy Inwestycyjnych|(a part of the Polish Development Fund, PFR) (a portfolio company of Cinven, Permira and Mid Europa Partners)

PFR Ventures (a part of the Polish Development Fund, PFR)

Hubert Burda Media

Opoka TFI

PGS Software S.A.


Avallon MBO Fund II and Genesis Private Equity Fund III

GWD Concept (a portfolio company of Mid Europa Partners)

Principaux dossiers

  • Advising Tidio Poland, a local company offering live chat and AI-based chatbots, on closing a $25m financing round.
  • Advised Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, on its acquisition of a significant minority stake in Ekoenergetyka-Polska.
  • Advising Cloudflight, a portfolio company of the DBAG Fund VII, on the acquisition of 100% of the shares in Divante, a Polish provider of services for the e-commerce sector.

DWF Poland Jamka Sp.k

Alongside proven transactional expertise, the team at DWF Poland Jamka Sp.k stands out for its proven track record assisting with fund formations, cross-border venture capital financings, and exits. The firm's recent work has spanned Europe, Asia, the Middle East and the US. The key senior practitioners are Michał Pawłowski, who leads the corporate and M&A department; Filip Urbaniak, who is particularly noted for his knowledge of the mining sector; and Rafał Wozniak, whose competencies range from capital markets to commercial matters.

Responsables de la pratique:

Michał Pawłowski; Filip Urbaniak; Rafał Woźniak

Autres avocats clés:

Anna Wietrzyńska-Ciołkowska

Principaux clients

Teufelberger GmbH

Meyra Group sp. z o.o.

Dobra Energia dla Olsztyna and its shareholder Meridiam


Augusta Energy sp. z o.o.

Principaux dossiers

  • Advised Teufelberger on its joint acquisition, with a co-investor, of 100% of the shares in Marflex Poland.
  • Advised Meyra Group on its internal reorganisation, including a spin-off and a cross-border merger.
  • Advising Dobra Energia dla Olsztyna on all corporate and commercial aspects of its activity in Poland.

SSW Pragmatic Solutions

Since the arrival of Mateusz Rogoziński from CRIDO in May 2021, SSW Pragmatic Solutions has been steadily increasing its private equity client portfolio, acquiring leading names including Innova Capital. Rogoziński now co-chairs the ‘young, dynamic and driven‘ department, alongside M&A specialist Paweł Chyb. Katarzyna Solarz also has significant experience in the funds space, both transactional and regulatory. The group is praised for being ‘able to think outside of the box in critical situations‘.

Responsables de la pratique:

Mateusz Rogoziński; Paweł Chyb

Autres avocats clés:

Szymon Okoń; Katarzyna Solarz; Hubert Bińkiewicz; Aleksander Nicałek

Les références

‘SSW is a group of highly experienced lawyers. There are always ready to advise their customers and are able to think outside of the box in critical situations.’

‘Mateusz Rogoziński is highly involved in the projects he oversees.’

‘Most important are the people – young, dynamic and driven. They have a big scale already with ambition to constantly grow further.’

Principaux clients

Innova Capital

Spire Capital

Avia Capital

MCI Capital

Enterprise Investors

Credit Value Investments (CVI)

Royalton Partners

Dirlango Trading & Investments

Aerium Group / Bainbridge

Afinum PE

Masterchem Logoplaste (controlled by Carlyle)

Aria Fund

Principaux dossiers

  • Advised Innova Capital on its acquisition of iDentical.
  • Advised Spire Capital on the acquisition of a SaaS company.
  • Advised Avallon PE on the sale of 100% of the shares in NovoTech and its two subsidiaries, located in Romania and Belgium.

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

White & Case M. Studniarek i Wspólnicy - Kancelaria Prawna sp.k.‘s multi-disciplinary group is instructed by clients raning from domestic and regional private equity houses and investment banks, to the largest public and private companies involved in transactions into the sector. In addition to its competence advising on English and Polish law issues, the team also fields several US-qualified practitioners, including Michał Petz. In January 2022, Marek Sawicki made partner. Corporate and M&A practice head Marcin Studniarek is also responsible for overseeing the private equity offering.

Responsables de la pratique:

Marcin Studniarek

Autres avocats clés:

Marek Sawicki; Michał Petz; Aneta Maria Hajska

Les références

‘Great team to work with, always helpful and able to accommodate clients’ requests. Particularly good understanding of the energy market. Able to come back with answers quickly even on more nuanced areas. Good commercial understanding.’

Principaux clients

PPF Group

EC Investments

Rockaway Capital

Aquiline Capital Partners Limited


PKN Orlen S.A.

Orlen VC


Towarzystwo Funduszy Inwestycyjnych PZU S.A.


Invest Line E S.A

Metric Capital Partners LLP

BEKaP Fundusz Inwestycyjny Zamknięty

Octopus Renewables

Principaux dossiers

  • Advising PPF Group, EC Investments and Rockaway Capital on the €975m sale of the e-commerce assets of Mall Group and the logistics assets of WE|DO to Allegro.
  • Advising Aquiline Capital Partners, a private investment firm based in New York and London, on the acquisition of Virtus Lab Group, a software development company.
  • Assisted PKN Orlen with the establishment and launch of Orlen VC, as well as advising on its first investment in Emerald Technology Ventures’ Industrial Fund, a global venture capital fund investing in innovative technologies.

B2R Law Jankowski Stroinski Zieba

B2R Law Jankowski Stroinski Zieba is best known for assisting with technology-related deals across Poland and the wider CEE region, and has a successful recent track record operating in the area of convergence between venture capital and private equity investments. Away from transactional work, the firm is also very active in the fund formation space. Rafał Stroiński - whose client base spans buyers, sellers and targets - heads up the practice.

Responsables de la pratique:

Rafał Stroiński

Autres avocats clés:

Aleksandra Polak; Agnieszka Hajos-Iwańska; George Havaris

Les références

‘Very good understanding of clients’ goals.’

‘Rafał Stroiński has an adaptive approach which allows for quick and effective work.’

‘Insightful and helpful. Very good understanding of legal and business matters.’

Principaux clients


Barings BDC Inc.

Fidiasz EVC


Apis Venture sp. z o.o.

Life Science Innovation Fund

Learn Capital

Next Road Ventures


Pinova Capital

PGNiG Ventures

Paine Schwartz Partners

Stability Capital

Abris Capital

TPG Capital

Resource Partners

Francisco Partners


Partners Group

Goldman Sachs

Kennet Partners

Tar Heel Capital

Principaux dossiers

  • Advised US-based venture capital fund Learn Capital on its $80m Series D investment in Polish online learning platform Brainly.
  • Advised Barings BDC on its multi-million dollar merger with MVC Capital.
  • Advised Stability Capital on the formation of a search fund focused on Poland.

GESSEL Attorneys at Law

Under the leadership of Marcin Macieszczak, GESSEL Attorneys at Law‘s M&A department also handles private equity and venture capital mandates, which form a significant part of the overall workload.  In terms of industry specialisations, clients from the TMT sector most commonly instruct the firm, followed by those from the healthcare field. Małgorzata Badowska and Maciej Kożuchowski are also key names within the group.

Responsables de la pratique:

Marcin Macieszczak

Autres avocats clés:

Maciej Kożuchowski; Małgorzata Badowska; Michał Bochowicz; Karol Sokół

Principaux clients

Modular System sp. z o.o.

Avallon Fund

Accession Capital Partners

VirtusLab sp. z o.o.


Sunroof Technologies sp z o.o.

Anwim S.A.

Principaux dossiers

  • Advised Avallon Fund on the divestment of a majority stake in MPS International.
  • Advised Anwim on the acquisition of a 90% stake in the The Fuel Company Holding.
  • Assisted VirtusLab with securing an investor, American private equity fund Aquiline Capital Partners.

Gide Loyrette Nouel

Gide Loyrette Nouel takes a 'creative approach to challenges' arising in all the corporate, financial, regulatory, tax and contractual areas relating to the private equity sector; the team's expertise ranges from leveraged buyouts to venture capital transactions. Paweł Grześkowiak - whose specialist areas include banking and finance, M&A, and aviation-related matters - leads the department.

Responsables de la pratique:

Paweł Grześkowiak

Autres avocats clés:

Edyta Zalewska

Les références

‘The good reputation of the law firm speaks for itself. It is worth mentioning the approach of the the practice’s lawyers to clients – they are always seeking legal solutions to solve our problems in a non-standard and business-oriented way, with creativity, always having in mind our best interest and always providing advice in the shortest time possible.’

‘What makes this practice unique is the high level of legal services, extensive and exceptional knowledge, and creative approach to challenges. True professionals!’

Principaux clients

Resource Partners

KPS Capital Partners

Apax Partners

Enterprise Investors

Tar Heel Capital

Retail Robotics

Revive N.V.

BPI Real Estate Poland

Blejkan S.A.

Goodspeed sp. z o.o.

Avallon MBO Fund

Principaux dossiers

  • Advising KPS Capital Partners on the acquisition of European and African food, aerosol and promotional packaging businesses from Crown Holding for €2.25bn.
  • Advising Tar Heel Capital on the sale of an engineering company specialising in the design, manufacture, testing and servicing of oil and fuel systems to Czech PE fund Syntaxis Capital.
  • Advising Blejkan – a provider of technological solutions for sewage, water supply, pressure and gas pipes – as well as its shareholders’ and subsidiaries, on a transaction whereby a private debt investor (Syntaxis Capital) acquired a minority stake in the group and extended a mezzanine loan.

Kochanski & Partners

Bringing together a team of practitioners with in-house experience garnered from both private equity firms and commercial entities, Kochanski & Partners typically advises investment committees and management boards on all stages of the fund life cycle, with particular expertise in formation and structuring. In March 2022, the promotions of Weronika Duda and Aneta Serowik strengthened the bench at counsel level. Pawel Cholewinski is the key senior contact.

Responsables de la pratique:

Pawel Cholewinski

Autres avocats clés:

Rafał Rapala; Paweł Mardas; Szymon Balcerzak; Karol Połosak; Weronika Duda; Aneta Serowik

Principaux clients

State Street Bank International

State Street Bank & Trust Company

State Street Global Advisors

Indus Holding AG

Universal Fibers Inc. (subsidiary of H.I.G. Capital)

Knapp AG

Ductor AG

Newcold (subsidiary of Westport Capital)

MML Capital Partners

Groupe Beneteau

Chrysler Poland

Ferro Corporation

Ringier Axel Springer Polska


Shenzhen Hepalink Pharmaceutical Co., Ltd.

Coca-Cola HBC Polska

Huuuge Games

Huta Małapanew sp. z o.o.

eFaktor S.A.

Inovo Venture Partners


Netguru S.A.



Personnel Service


Panattoni Europe


Betomax systems GmbH Co. & KG (subsidiary of INDUS Holding AG)

Principaux dossiers

  • Advising State Street Bank & Trust Company on the acquisition of the Brown Brothers Harriman & Co.’s investor services business.
  • Assisting State Street Global Advisors with the setting up and running of investment and brokerage activities in Poland.
  • Advised Inovo Venture Partners VC fund on a transaction involving the acquisition of shares in House Med.


Linklaters advises on the full range of downstream private equity-related transactions, including domestic and cross-border leveraged buyouts, acquisition finance and exit strategies. The team is also increasingly instructed by international investors seeking to enter the local market. Since publication, Klaudia Królak left the firm.

Principaux clients

Alinda Capital Partners

InfraVia Capital Partners

PFR Nieruchomości S.A.

Polski Fundusz Rozwoju S.A.

Principaux dossiers

  • Advised InfraVia Capital Partners on the Polish aspects of the acquisition of 50% of FiberForce, Play Group’s subsidiary, for €378m.
  • Advised Polski Fundusz Rozwoju on the implementation of the government financial support programme aimed at reducing the economic impact of the Covid-19 pandemic.
  • Advised Alinda Capital Partners on the Polish aspects of the sale of Emitel, a Polish transmission company, to Cordiant Digital Infrastructure, an investment fund focused on digital infrastructure listed on the London Stock Exchange.

Norton Rose Fulbright

Although Norton Rose Fulbright advises on all types of private equity transactions, the team is best known for assisting with the buy-out, restructuring and exit phases. The firm is predominantly involved with the local elements of deals carried out by both international and Polish funds. Corporate practice head Agnieszka Braciszewska leads on most of the work. Recently, the group has been increasingly involved with distressed asset deals.

Responsables de la pratique:

Agnieszka Braciszewska

Autres avocats clés:

Aneta Janecka; Maciej Dubiel

Les références

‘Very client oriented, good negotiators and good process management.’

‘Very committed.’

Principaux clients

Abris Capital Partners

Aegon Growth Capital

Allianz Capital Partners GmbH, London Branch

Aquiline Capital Partners

Aquila Capital Management GmbH

Arise AB

Enel Green Power S.p.A.

Niam AB

SUSI Partners

Renesola Engineering International GmbH

Principaux dossiers

  • Advised SUSI Partners on a renewable energy joint venture in Poland.
  • Advised Enel Green Power on the joint development of a 346MWp photovoltaic portfolio in Poland.
  • Advised Aquila Capital on the negotiation of project documents for a 20.4MW Donaborów wind farm portfolio in Poland.

Schoenherr Halwa sp.k.

Clients value the private equity offering at Schoenherr Halwa sp.k. for providing the 'best possible outcome' in national and cross-border transactions. Paweł Halwa, who also heads up the corporate and M&A department, 'co-ordinates the team very effectively'. The group offers strength in depth at a variety of levels, from seasoned partner Krzysztof Pawlak, to counsel Marcin Antczak and senior associate Daria Rutecka.

Responsables de la pratique:

Paweł Halwa

Autres avocats clés:

Krzysztof Pawlak; Marcin Antczak; Daria Rutecka

Les références

‘Proactive, calm, professional, recommended. Schoenherr provided excellent support and professional guidance during a challenging period and helped us to run the transaction process efficiently and effectively.’

‘All challenges were dealt with in a logical way. Work was always done quickly and to a high standard. We got the best possible outcome and I am very grateful.’

‘Paweł Halwa provides sound and commercial advice, putting his clients’ interests first. It was a long process, but Paweł and his team handled it with professionalism, from our initial meeting right through until the deal was closed.’

Principaux clients

Waterland Private Equity GmbH

Avallon MBO Fund III

Avallon MBO Fund II

Novacap International V, L.P.


The Blackstone Group International Partners LLP

GR. Sarantis S.A.

Wardynski & Partners

Wardynski & Partners is a local advisor of choice for the Polish aspects of cross-border private equity M&A deals; assisting with such matters makes up a significant proportion of the firm’s workload. The group is active across a wide range of sectors, including real estate, technology and healthcare. Since publication, leadership of the department has been taken over by Jakub Lerner.

Responsables de la pratique:

Jakub Lerner

Autres avocats clés:

Paweł Ciećwierz

Principaux clients

Axcel Management A/S


Thomas H. Lee Partners


FSN Capital

Pamplona Capital Managements

TAGS Lux S. à r.l.,

TA Associates

A.P. Moller Holding A/S


Lars Larsen Group

Oakley Capital IV,

Pentaco Partners

Hidden Harbor Capital Partners Holdings, LLC


Advent International

CapVest Partners

Pamplona Capital Management

CapVest Partners

Eight Roads Ventures

Gridiron Capital

Cinven Partners LLP

Principaux dossiers

  • Advised Faerch, a portfolio company of A.P. Moller Holding, on the acquisition of shares in Paccor Holdings from Lindsay Goldberg Europe.
  • Advised Triton on the Polish aspects of its acquisition of FairWind.
  • Advised Accent Equity Partners on the Polish aspects of the acquisition of a majority of shares in Norco Spectra Invest.

WKB Lawyers

WKB Lawyers is consistently instructed to assist with complex transactions for institutional investors, including private equity and other alternative assets funds, and is highly regarded for its 'ability to mitigate potential deal-breakers'. The team is particularly experienced in the food, fintech, and industrial manufacturing sectors. Jakub Jedrzejak and Ben Davey are the senior practitioners to note; the latter brings over 20 years' experience working in Australia to the group.

Responsables de la pratique:

Jakub Jędrzejak; Ben Davey

Autres avocats clés:

Dominik Kulpa; Andrzej Wierciński; Grzegorz Godlewski; Agnieszka Wiercińska-Krużewska

Les références

‘Exceptional commitment, very good responsiveness and great negotiation skills.’

‘Very helpful team with ability to mitigate potential deal-breakers. Best price/quality ratio on the market.’

‘Jakub Jędrzejak is a true leader with a hands-on approach and in-depth knowledge of each and every aspect of the deal, entering the talks in key moments to successfully move forward.’

Principaux clients


Avia Capital


United Clinics s.à r.l. (portfolio company of Innova Capital PE fund)


Generation Capital Limited|and|Helios Energy Investments

Neo Energy Group

Principaux dossiers

  • Advised Generation Capital and Helios Energy Investments on their equity investment in Greenway Holding, a holding company for a group companies which own a network of electric vehicle charging stations in Poland and Slovakia.
  • Advised Innova/6 SCA SICAV-RAIF, an alternative investment fund operating in Central and Eastern Europe, on its investment in three companies operating in the dental services market.