Rymarz Zdort has advised Innova Capital and OPTeam on the sale of Centrum Rozliczen Elektronicznych Polskie ePlatnosci to Rementi Investments, a subsidiary of Nets A/S, a pan-European payment processing company based in Denmark. White & Case advised Rementi Investments on the transaction.
The preliminary agreement was executed on March 11, 2020, and with the transaction value is estimated at EUR 405 million. The deal remains subject to regulatory approval and is expected to close in the third quarter of 2020.
Polskie ePlatnosci is the third-largest payment card operator in Poland. It operates more than 125,000 POS terminals and offers a broad range of payment solutions.
Rymarz Zdort’s team included Managing Partner Pawel Rymarz, Partners Jacek Zawadzki, Monika Kierepa, Iwona Her, and Marcin Iwaniszyn, Counsel Marek Kanczew, Senior Associates Leszek Cyganiewicz, Barbara Skardzinska, and Tomasz Bakowski, and Associates Aleksander Jakubisiak, Michal Szczepanski, Szymon Cieniawski, Arkadiusz Karwala, Michal Kostewicz, Weronika Szyszka, and Piotr Stawowski.
White & Case's team included Warsaw-based Partner Marcin Studniarek, Local Partner Marek Sawicki, Counsels Jakub Gubanski and Malgorzata Pasnik, and Associates Karolina Kalucka, Malgorzata Herda, Iwo Malobecki, and Radomir Szewczuk. Its team in London included Partner Richard Jones and Associate Jessica Sullivan.
Editor's note: On November 12, 2020, White & Case reported that it had helped Hellman & Friedman and its subsidiary Nets obtain approval for the acquisition from the President of the Competition and Consumer Protection Office in Poland. In addition to the lawyers who worked on the deal itself, White & Case's team included Associate Maciej Gac.