CMS has advised British insurance intermediary PIB Group Limited on the acquisition of WDB, an independent insurance broker in Poland. SSW Pragmatic Solutions advised the sellers, Mariusz Muszynski, Mateusz Holly, and Piotr Kumiega, on the deal.
CMS describes the PIB Group as “one of the largest independent insurance brokers" and reports that it "offers a range of specialist products and services in the UK, the Channel Islands, Ireland, and Germany.”
WDB, founded in 2007, operates in both life and non-life insurance areas, with a focus on the real estate and transportation sector, as well as life and health programs in the public and private sectors.
CMS’s team included, in Poland, Partners Blazej Zagozrski and Lukasz Dynysiuk, Counsel Ewa Swiderska, Senior Associates Marta Osowska-Buba, Magdalena Zmyslowska, Grzegorz Paczek, Damian Karwala, Maciej Olejnik, Maciej Andrzejewski, Jagoda Guzik, and Agnieszka Starzynska, Associates Joanna Bialoskorska, Sylwia Raszplewicz-Czyzewska, Marta Szwarczynska, and Rafal Dostatni, and Lawyers Patrycja Maliszewska, Anna Szczygiel, Agata Wladzinska, Aleksandra Nowakowska, Bartlomiej Baranski; and in Scotland, Client Relationship Partner Laura McIntosh and Associate James McMahon.
SSW Pragmatic Solutions' team included Partner Szymon Okon, Senior Associate Tomasz Kwasniewski, Associate Damian Staszewski, and Junior Associate Witold Oszczanowski.